Hunington Properties Inc. Sells 13 Shopping Centers For $100.6M In Recent Deals
Houston, Texas, United States
$100,628,261
$470/SF
Building Size
214,064 SF
Asset Type
Retail
Closing
Feb 10, 2022
About this deal
AI
Hunington Properties Inc. has recently sold 13 shopping centers in Texas for a total of $100,628,261. The average cap rate for these centers was 6 percent. The properties are located in various cities including Sugar Land, Conroe, The Woodlands, San Antonio, Prosper, Katy, Sachse, Rosenberg, Austin, and Round Rock.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $100,628,261
- Market: Houston, Dallas, Austin & San Antonio
- Total Square Footage: 214,064 SF
In this deal, Sandy P. Aron from Hunington Properties, Inc. represented the seller as the broker. Sandy P. Aron and the team at Hunington Properties, Inc. were responsible for the successful disposition of these shopping centers.
On the Map
$100,628,261
$470/SF
Retail
View full map
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Sandy P. Aron to view all their deals.
Browse Texas retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93