facebook
Traded Co logo
Submit

Wu Properties Acquires Property At 2660 Eldridge Pkwy S In Houston Represented By JLL

Property Image
SOLD

Texas

See Similar Deals
Retail262,556 SF
the dealplayerscompscontact
Property Image
SOLD

Wu Properties Acquires Property At 2660 Eldridge Pkwy S In Houston Represented By JLL

2660 Eldridge Pkwy S, Houston, TX, 7...

See Similar Deals
Retail262,556 SF
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:262,556 SF
Transaction Type:Sale

The property involved in this transaction is Market Square at Eldridge, a retail power center located at 2660 Eldridge Pkwy S, Houston, TX. The asset encompasses 262,556 square feet and is situated near the Energy Corridor area in West Houston. At the time of the sale, the property was 98 percent leased to a variety of tenants, including Burlington, Michaels, Party City, PetSmart, Dollar Tree, HomeGoods, Bath & Body Works, Ulta Beauty, Cato, Old Navy, and Office Depot.

Summary of transaction details:

  • Property Type: Retail Power Center
  • Transaction Amount: Undisclosed
  • Address: 2660 Eldridge Pkwy S, Houston, TX
  • Market: Houston
  • Square Footage: 262,556
  • Buyer's Name: Wu Properties
  • Seller's Representative: Megan Babovec-JLL, Erin Lazarus-JLL
  • Seller: Walton Street Capital

The transaction was brokered by JLL, with Chris Gerard, Ryan West, Erin Lazarus, and Megan Babovec representing the seller, Walton Street Capital. Wu Properties, based locally in Houston, acquired the retail power center in this closed deal.

Players

Erin Lazarus
21 deals$565M volume
BROKER

Ryan West
JLL
39 deals$477M volume
BROKER

Megan Babovec
JLL
8 deals
BROKER

BUYER

Details

SOLD
IMAGE: 2660 Eldridge Pkwy S, Houston, TX, 7... MARKET: Houston SELLER'S REP: Megan Babovec-JLL, Erin Lazarus-JLL BUYER: Wu Properties SELLER: PRICE: SF: 262556

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00