Sandy P. Aron Acquires Retail Portfolio In Houston For $35 Million

Sandy P. Aron has acquired a portfolio of properties in the Houston MSA, including medical and retail buildings, from Fidelis Realty Partners. The portfolio spans a total of 185,591 square feet and was purchased for a total price of $35,000,000, resulting in a price per square foot of $189. The transaction was completed on February 28, 2023.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $35,000,000
• Square Footage: 185,591
• Price Per Square Foot: $189
• Buyer: Sandy P. Aron
• Seller: Fidelis Realty Partners
• Buyer's Representative: Todd A. Carlson - Hunington Properties

Hunington Properties, represented by Todd A. Carlson, facilitated the transaction between Sandy P. Aron and Fidelis Realty Partners. The buyer assumed the existing securitized mortgage from the seller as part of the deal.