The property asset involved in the transaction is the Baybrook Passage shopping center, located at 19425 Gulf Freeway in Webster, Texas. The retail space encompasses 189,334 square feet and is 97.2% leased. The shopping center is anchored by Best Buy and Staples and is strategically situated near Baybrook Mall, benefiting from exposure to 210,000 vehicles daily.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Buyer: Danny Sheena - SLS Properties
• Seller: Bruce Christenson & Tom Lile - Gulf Coast Commercial Group
• Brokers: Chris Cozby, Harrison Tye, Jim Batjer, Jolie Duhon & Mark Witcher - CBRE

This transaction highlights the involvement of SLS Properties, represented by Danny Sheena, in acquiring the property from Gulf Coast Commercial Group, represented by Bruce Christenson and Tom Lile. The brokerage team from CBRE, which includes Chris Cozby, Harrison Tye, Jim Batjer, Jolie Duhon, and Mark Witcher, facilitated the deal.