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

Hunington Properties brokers deal for $35,000,000 in Houston

Retail
185,591 SF
clock iconSold 1 year ago
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Summary

Sale
TEXAS
Retail
185,591 sqft

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.

Players

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    2

  • Agents

    1

  • Agencies

    1

Todd A. Carlson's profile picture
Todd A. Carlson
Hunington Properties-image
Principal
$70M Sold

Details

Deal Summary
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SOLD
IMAGE: Sandy P. Aron & Todd A. Carlson DATE: 02/28/2023 MARKET: Houston, Texas ASSET TYPE: Retail BUYER: Sandy P. Aron SELLER: Fidelis Realty Partners BUYER'S REP: Todd A. Carlson - Hunington Properties (@HuningtonProperties) SALE PRICE: $35,000,000 SF: 185,591 ~ PPSF: $189 NOTE FROM @HuningtonProperties: (7) Properties 185,591 square foot portfolio located in the Houston MSA which included medical & retail buildings. The buyer assumed the Seller’s existing securitized mortgage.

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AddressHunington Properties brokers deal for $35,000,000 in Houston

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