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Northmarq Brokers Sale Of Retail Center In Deer Park, Houston To Local 1031 Exchange Investor

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SOLD

Texas

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Retail11,692 SF
Sold 07/11/2023
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Property Image
SOLD

Northmarq Brokers Sale Of Retail Center In Deer Park, Houston To Local 1031 Exchange Investor

3811 Center St Deer Park, TX 77536, USA

See Similar Deals
Retail11,692 SF
Sold 07/11/2023
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:11,692 SF
Transaction Type:Sale

The Shoppes at Town Square, an 11,692-square-foot retail center located at 3811 Center Street in Deer Park, Houston, has been sold. The transaction was brokered by Northmarq, a real estate company based in Florida. The property was purchased by a local 1031 exchange investor. The sale price and other financial details were not disclosed.

Summary of transaction details:

  • Property Type: Retail
  • Square Footage: 11,692
  • Address: 3811 Center Street
  • Market: Deer Park, Houston

Riley Sharman, a broker from Northmarq, facilitated the sale of The Shoppes at Town Square. Additionally, Peters & Michael Borden, also from Northmarq, arranged the financing for the transaction. The mortgage brokers worked alongside Riley Sharman to complete the deal.

Players

Riley Sharman
6 deals(832) 497-2558
BROKER

Peters Borden
NorthMarq
1 deal
BROKER

Michael Borden
NorthMarq
3 deals$28.5M volume(713) 871-5896
BROKER

Details

SOLD
IMAGE: Riley Sharman DATE: 07/11/2023 ADDRESS: 3811 Center Street MARKET: Deer Park ASSET TYPE: Retail ~ SF: 11,692 BROKER: Riley Sharman - Northmarq (@Northmarq) MORTGAGE BROKERS: Peters & Michael Borden - Northmarq NOTE: Northmarq brokered the sale of The Shoppes at Town Square, an 11,692-square-foot retail center in Deer Park, Houston. The Florida-based seller sold the property to a local 1031 exchange investor, with financing arranged by Northmarq.

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