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Hunington Properties Inc. Sells 13 Shopping Centers For $100.6M In Recent Deals

Property Image
SOLD
$100,628,261

Texas

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Retail214,064 SF
Sold 02/10/2022
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Property Image
SOLD

Hunington Properties Inc. Sells 13 Shopping Centers For $100.6M In Recent Deals

Houston, Texas, United States

See Similar Deals
Retail214,064 SF
Sold 02/10/2022
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$470
Total Square Footage:214,064 SF
Transaction Type:Sale

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.

Players

Sandy P. Aron
Sandy P. Aron
2 deals$100.6M volume
BROKER

Details

SOLD
IMAGE: Sandy P. Aron DATE: 02/10/2022 MARKET: Houston, Dallas, Austin & San Antonio ASSET TYPE: Retail ~ SF: 214,064 SELLER: Hunington Properties Inc. BROKER: Sandy P. Aron - Hunington Properties, Inc. SALE PRICE: $100,628,261 NOTE FROM BROKER: HOUSTON - Hunington Properties, in deals finalized in recent months, disposed of 13 of its shopping centers for $100,628,261. The 13 centers, which had cap rates averaging 6 percent, were: SHOPS AT SIENNA – Sugar Land, Texas SHOPS AT 336 – Conroe, Texas SHOPS AT RIVERSTONE – Sugar Land, Texas SHOPS AT WOODFOREST – The Woodlands SHOPS AT ARCADIA – San Antonio, Texas SHOPS AT 380 – Prosper, Texas SHOPS AT ELYSON – Katy, Texas SHOPS AT LUCKEY RANCH PHASE I – San Antonio, Texas SHOPS AT YOUNG RANCH – Katy, Texas SHOPS AT WOODBRIDGE – Sachse, Texas SHOPS AT SUMMER PARK – Rosenberg, Texas SHOPS AT LAKEWAY II – Austin, Texas SHOPS AT UNIVERSITY – Round Rock, Texas

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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