The asset involved in the transaction is a retail property located at 28902 US-290 in Cypress, Texas. The property spans 355,000 square feet and is currently 99.5% occupied by tenants including Burlington, Kohl’s, and Ross. This retail center, known as Fairfield Town Center, is part of a growing portfolio in the Texas market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Square Footage: 355,000
• Address: 28902 US-290
• Market: Cypress
• Buyer: Jeffrey Rosenberg - Big V Property Group
• Buyer: Kamal Bhatia - Principal Asset Management
• Occupancy Rate: 99.5%
• Tenant Examples: Burlington, Kohl’s, Ross
• Joint Venture: Big V Property Group and Principal Asset Management
• Previous Deals: Big V’s second Houston-area deal
• Texas Portfolio: Six retail centers

Jeffrey Rosenberg represents Big V Property Group, while Kamal Bhatia represents Principal Asset Management in this joint acquisition, further enhancing their presence in the retail segment of the Texas real estate market.