3/6/2008

Kimco sells second Houston retail center

by

Sharpstown Court

Kimco Realty Corporation has sold its second retail center in Houston this year with the disposition of Sharpstown Court to Wu Investments, a California-based private investor.

Rusty Tamlyn and Mike Parker of Holliday Fenoglio Fowler brokered the deal on behalf of Kimco.

Sharpstown Court contains 84,188 square feet and is located at 6900-6904 US 59/Southwest Freeway in Southwest Houston. It is situated on 5.6 acres and is fully leased to Office Depot, Metropolitan Furniture, Exclusive Furniture, Quizno's and Today's Vision.

In January, Kimco sold the Fountains on the Lake retail center to a joint venture between Pacific Coast Capital Partners and Dunhill Partners. Earlier this month, the company also sold two Long Island apartment communities to Commack, N.Y.-based Fairfield Properties.

Address: 6900-6904 US 59/Southwest Freeway, Houston, Texas

Size: 84,188 square feet

---

Filed Under: Retail

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the characters in the image above:

Related Headlines

• Colliers International welcomes three brokers in California - 5/29/2009
• Texas hotel sells for $4.275M - 5/29/2009
• Massey Knakal lists NoHo retail building for $5.95M - 5/29/2009
• California industrial building sells for nearly $3 million - 5/29/2009
• NAI facilitates sale of Alaska mixed-use building - 5/28/2009
• Long Beach retail center commands $6.05M - 5/28/2009
• Florida land fetches $2.725M - 5/28/2009
• Marcus & Millichap list Virginia retail store for more than $10.2M - 5/28/2009
• Colliers Arnold stays busy in Tampa - 5/27/2009
• Colliers sells two buildings in California - 5/27/2009