Sunday , 20 August 2017
Breaking News

West Houston Shopping Center Sold

KATY, Texas – CBRE’s National Retail Investment Group brokered the sale of Highland Knolls Shopping Center in Katy to Denver-based Revesco Properties. The 87,469-sf grocery-anchored shopping center is 94.6% occupied.

Located in Houston’s western suburbs where many people work in the Energy Corridor, the center is anchored by a 62,389-sf Randall’s, which has more than 11 years remaining on its lease term and has occupied the property since it was developed in The property is located at 1525 South Mason Road, within the affluent and high-growth residential area of Cinco Ranch.

CBRE Senior Vice President Chris Cozby and First Vice President Chris Gerard, based in Dallas, and Vice President Kevin Holland, based in Houston, represented the seller.

 

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