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

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.