Transwestern: Houston retail MarketWatch Feb. 2015Transwestern: Houston retail MarketWatch Feb. 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=16492015-02-25T06:00:00Z2015-02-25T00:00:00Z

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.

Houston Retail Sales Statistics Feb. 2015
  1Q 2015 4Q 2014 Trailing 12
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
N/A 7.0% 7.4%

Source: Transwestern

For more Retail statistics, see Houston Market Research‚Äč.

tag: Houston NewsTalk retail

Houston-The Woodlands-Sugar Land
http://www.transwestern.net/Market-Research/Documents/Southwest%20-%20Houston%20Retail%20MarketWatch%20-%2002.2015.pdfRead more at {Source}

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