Nick Jaser Acquires Retail Property From Pat Fazio In Port Arthur For $28 Million

The retail property located at 4997 Twin City Highway in Port Arthur has been sold. The asset encompasses a total square footage of 28,000. The transaction occurred on February 26, 2025.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 4997 Twin City Highway
• Market: Port Arthur
• Asset Size: 28,000 SF
• Buyer: Nick Jaser
• Seller: Pat Fazio
• Broker: John Baddour - HighStreet Net Lease Group

This transaction involved Nick Jaser as the buyer and Pat Fazio as the seller, both of whom played significant roles in finalizing the deal. John Baddour from HighStreet Net Lease Group represented the interests of the parties in this transaction.