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Whitestone REIT Sells Providence Plaza Retail Center In Houston For An Undisclosed Amount
SOLD
Texas
See Similar DealsRetail90,327 SF
Sold 11/13/2024
SOLD
Whitestone REIT Sells Providence Plaza Retail Center In Houston For An Undisclosed Amount
Retail90,327 SF
Sold 11/13/2024
Summary
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:90,327 SF
Transaction Type:Sale
The transaction involves a retail property located at 9404-9478 South Highway 6 in Houston, featuring a total square footage of 90,327. The asset is a shopping center that was reported to be 97% leased at the time of sale.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 9404-9478 South Highway 6
- Market: Houston
- Seller: Whitestone REIT
- Brokers: Alex Wolansky & Gus Lagos - Marcus & Millichap
- Mortgage Broker: Jamie Safier - Marcus & Millichap Capital Corp
The sale and financing of Providence Plaza were brokered by Marcus & Millichap, with Alex Wolansky and Gus Lagos representing the seller, Whitestone REIT. Jamie Safier was responsible for securing financing for the undisclosed buyer involved in the transaction.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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