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Wu Properties goes shopping, buys West Houston retail power centerWu Properties goes shopping, buys West Houston retail power centerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=277912022-07-13T05:00:00Z2022-07-14T17:00:00Z

HOUSTON –  Locally based Wu Properties has purchased Market Square at Eldridge, a 262,556-sf retail center at 2660 Eldridge Pkwy. S., about four miles south of the Energy Corridor.

The roughly 32-acre property was 98 percent leased at the time of sale. It has an appraised value of more than $44 million, according to the Harris County Central Appraisal District.​

Tenants include Burlington, Michael's, Party City, PetSmart, Dollar Tree, HomeGoods, Bath & Body Works, Ulta Beauty, Cato, Old Navy and Office Depot. The strip center also has a Target store and a vacant Sam’s Club, but they weren't included in the transaction.

Market Square is among the top 5 percent of U.S. shopping centers for foot traffic, according to commercial real estate company JLL, which marketed the property on behalf of the seller, Walton Street Capital.

Houston Chronicle
Houston-The Woodlands-Sugar Land
Retail
https://www.houstonchronicle.com/business/real-estate/article/Dollar-Tree-Ulta-Beauty-anchored-retail-center-17300551.phpRead more at {Source}

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