HOUSTON – (Realty News Report) – An investor has acquired a three-building shopping center next to the Bridgeland master-planned community.
JLL Capital Markets arranged the sale of Shops at Fry & Tuckerton, a recently completed, 39,912-SF retail development in Cypress on behalf of Gulf Coast Commercial Group.
Located at the southeast corner of Fry and Tuckerton roads, the fully-leased center is across from a top-performing H-E-B grocery store serving the Bridgeland, Cypress Creek Lakes, and Towne Lake communities. Tenants include Five Guys, Einstein’s Bagels, VIA 313 Pizzeria, Charley’s Cheesesteaks, PetVet365, Magnolia Soap & Bath Co., and Bodybar Pilates.
JLL’s Ryan West, John Indelli, and Michael King marketed the property on behalf of the seller.
“This transaction demonstrates the continued investor appetite for high-quality, newly constructed retail assets in growing suburban markets,” said West. “The property’s strong tenant roster, long-term lease profile and position within Houston’s premier master-planned communities made it an attractive acquisition for institutional capital.”
The center sits in an affluent trade area at the entrance to Bridgeland, an 11,500-acre Howard Hughes community with 21,000 residential lots. Bridgeland is one of the nation’s top-selling communities with more than 800 new homes sold last year. Other communities in the area include Blackhorse Ranch, Miramesa, and Marvida.
The region boasts a median household income of $225,000 within a one-mile radius of the center, according to JLL.
Adding to the region’s growing population, more than 1,500 multifamily units have been built within a five-mile radius of the center since 2024.
The nearby H-E-B draws 2.2 million annual visitors to the area, according to JLL.
In other Cypress retail developments, Trader Joe’s opened a long-awaited store a few miles away in Towne Lake last year.
Boilerplate: Founded in 1999, Houston-based Gulf Coast Commercial Group is a real estate development, management, and leasing company that has overseen the development of more than eight million SF of retail space across 12 states. The firm’s nearly 100 projects include about one million SF of grocery-anchored retail centers and 63 build-to-suit stores for Academy Sports + Outdoors, Best Buy, Michaels, Panera Bread, Walgreens, and other retailers.
March 4, 2026, Realty News Report Copyright 2026
Image: JLL courtesy photo.
Mark Your Calendar: Commgate’s annual Developer Showcase will be held April 29 from 4:30 to 7:00 PM at the Houston Country Club. The Commgate event will provide Houston’s brokerage community an overview of significant Houston area commercial real estate developments in a small-scale trade show format. For more information: www.Commgate.com
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File: Cypress shopping center trades hands
Cypress shopping center trades hands