Feb 25, 2015
Transwestern: Houston retail MarketWatch Feb. 2015
HOUSTON - Transwestern released the February 2015 MarketWatch for Houston retail. The report also contains recent leases, recent sales, retail lease statistics, and retail market indicators. One sale of note...
HOUSTON – Transwestern released the February 2015 MarketWatch for Houston retail. The report also contains recent leases, recent sales, retail lease statistics, and retail market indicators.
One sale of note was the 350,444-sf Copperwood Village in the Far Katy North submarket. Sale price: $46.2 million allocated (39 property portfolio). The buyer was Kimco, the seller was Blackstone.
1Q 2015 | 4Q 2014 |
Trailing 12 Months | |
Volume ($ Mil.) | $75.6 | $260.3 | $1,277.1 |
No. of properties | 8 | 31 | 147 |
Total SF | 663,874 | 1,516,253 | 8,822,849 |
Average price/SF | N/A | $233 | $183 |
Average cap rate (yield) | N/A | 7.0% | 7.4% |
Source: Transwestern
For more Retail statistics, see Houston Market Research.
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