JM Schapiro Of Continental Realty Corporation Acquires Commons At Willowbrook Retail Center In Houston

The asset involved in this transaction is a retail property located at 7502-7540 W FM 1960 in Houston, covering an area of 39 acres. The property, known as Commons at Willowbrook, has a total square footage of 442,000 and is currently 25% vacant. It hosts 32 tenants, including Academy Sports + Outdoors, HomeGoods, and Starbucks.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 7502-7540 W FM 1960
• Market: Houston
• Acres: 39
• Buyer: JM Schapiro - Continental Realty Corporation
• Seller: L&B Realty Advisors
• Broker Representatives: Barry Brown & Ryan West - JLL

JM Schapiro represented Continental Realty Corporation in this acquisition, while L&B Realty Advisors was the seller in this transaction. JLL Capital Markets played a role in facilitating the sale, which contributes to CRC’s almost $1 billion in recent retail acquisitions across the United States.