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Winther Investments Acquires 2.1-Acre Retail Site In Houston From 1500 OST LLC
SOLD
Texas
See Similar DealsRetail
Sold 05/27/2025
SOLD
Winther Investments Acquires 2.1-Acre Retail Site In Houston From 1500 OST LLC
1500 Old Spanish Trail
See Similar DealsRetail
Sold 05/27/2025
Summary
TEXAS
Asset Type:Retail
Transaction Type:Sale
A 2.1-acre retail property located at 1500 Old Spanish Trail in Houston has been sold. The buyer, Winther Investments, plans to develop a five-story, 280-unit project on the site. The transaction was facilitated by brokers Jeff Peden and Scott Miller from Transwestern.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 1500 Old Spanish Trail
- Market: Houston
- Size: 2.1 acres
- Buyer: Winther Investments
- Seller: 1500 OST LLC
- Broker Representatives: Jeff Peden & Scott Miller - Transwestern
Jeff Peden and Scott Miller represented the seller, 1500 OST LLC, in this transaction. The deal signifies a strategic move by Winther Investments in the South Houston market, focusing on multifamily development.
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Operating Income
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Cash Flow (Annual)$0.00
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