Local Investor Purchases 23820 Square Foot Shopping Center In Webster From Out-Of-State Owner
Texas
See Similar DealsLocal Investor Purchases 23820 Square Foot Shopping Center In Webster From Out-Of-State Owner
528 West Bay Area Boulevard
See Similar DealsSummary
A 23,820-square-foot shopping center located at 528 West Bay Area Boulevard in Webster, Houston has been sold. The property is situated in a retail market and features tenants such as Freebirds and Buffalo Wild Wings. The out-of-state owner had owned the asset for 20 years before selling it to a local investor.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 528 West Bay Area Boulevard
- Market: Webster
- Broker: Justin Miller - Marcus & Millichap
Justin Miller from Marcus & Millichap facilitated the transaction, representing the sale to a local investor. The previous owner was based out-of-state and had held onto the property for two decades before the recent transaction.
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