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Dhanani Private Equity Group Acquires Kingwood Commons Retail Property In Kingwood

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SOLD

Texas

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Retail
Sold 05/26/2023
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Property Image
SOLD

Dhanani Private Equity Group Acquires Kingwood Commons Retail Property In Kingwood

600 Kingwood Dr Kingwood, TX 77339, USA

See Similar Deals
Retail
Sold 05/26/2023
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Retail
Transaction Type:Sale

Dhanani Private Equity Group has acquired Kingwood Commons, a 165,000-square-foot retail property in Kingwood, Texas. The property, located at 600 Kingwood Drive, was purchased from Kite Realty Group. The purchase price for the transaction was not disclosed. Kingwood Commons is currently 45 percent occupied and includes tenants such as Pei Wei, Carrabba's, and Petco.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Square Footage: 165,000
  • Address: 600 Kingwood Drive
  • Market: Kingwood

The buyers, Nick Dhanani and Nikhil Dhanani, represented Dhanani Private Equity Group in the transaction. The sellers were Kite Realty Group.

Players

Nick Dhanani
Nick Dhanani
10 deals$174.2M volume
BUYER
KG
Kite Realty Group
SELLER

Details

SOLD
IMAGE: Nick Dhanani & Nikhil Dhanani DATE: 05/26/2023 ADDRESS: 600 Kingwood Drive MARKET: Kingwood ASSET TYPE: Retail ~ SF: 165,000 BUYER: Dhanani Private Equity Group (@DhananiPEG) - Nick Dhanani (@TheNickDhanani) & Nikhil Dhanani (@Nikhil_Dhanani) SELLER: Kite Realty Group (@KiteRealtyGroup) NOTE: Dhanani Private Equity Group has acquired Kingwood Commons, a 165,000-square-foot retail property in Kingwood, Texas, from Kite Realty Group. The purchase price was not disclosed for the property, which is 45 percent occupied and features tenants such as Pei Wei, Carrabba's, and Petco.

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