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Phillips Edison & Company Acquires Retail Center In Fulshear From Rycore Capital LP

Property Image
SOLD
John Indelli
Ryan West
Gianna New

Texas

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Retail24,188 SF
Sold 11/24/2024
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Property Image
SOLD

Phillips Edison & Company Acquires Retail Center In Fulshear From Rycore Capital LP

6630 Fm 1463

See Similar Deals
Retail24,188 SF
Sold 11/24/2024
John Indelli
Ryan West
Gianna New
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:24,188 SF
Transaction Type:Sale

The property involved in the transaction is a fully leased retail center located at 6630 Fm 1463 in Fulshear, Texas. This retail asset encompasses a total square footage of 24,188 square feet and is situated in a rapidly growing Houston submarket, featuring a mix of diverse tenants along with its proximity to major retail anchors.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 6630 Fm 1463
  • Market: Fulshear
  • Square Footage: 24,188
  • Buyer: Phillips Edison & Company
  • Seller: Rycore Capital LP
  • Broker Representatives: Gianna New, John Indelli & Ryan West - JLL

JLL Capital Markets was instrumental in facilitating the transaction, acting on behalf of the seller, Rycore Capital LP, in the sale of the Shops at Cross Creek, underscoring their role in the growth and development of the retail market within the region.

Players

Ryan West
JLL
Ryan West
40 deals$477M volume
BROKER
John Indelli
JLL
John Indelli
23 deals
BROKER
Gianna New
JLL
Gianna New
4 deals(713) 888-4000
BROKER

Details

SOLD
IMAGE: Gianna New, John Indelli & Ryan West DATE: 11/24/2024 ADDRESS: 6630 Fm 1463 MARKET: Fulshear ASSET TYPE: Retail ~ SF: 24,188 BUYER: Phillips Edison & Company (@Phillips.Edison) SELLER: Rycore Capital LP BROKERS: Gianna New, John Indelli (@Indelli_Tx_CRE) & Ryan West (@Ryan_West_Retail) - JLL (@JLL) NOTE: JLL Capital Markets facilitated the sale of Shops at Cross Creek, a fully leased 24,188-square-foot retail center in Fulshear, Texas, to Phillips Edison & Company. Strategically located in a rapidly growing Houston submarket, the center features a diverse tenant mix and benefits from proximity to major retail anchors.

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