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STRIVE Brokers Sale of Two Fully Leased Retail Strip Centers in Katy, Texas

Katy, TexasSource: REBusinessOnline
DealsMarkets

STRIVE, a Dallas-based brokerage firm, has successfully arranged the sale of Peek Plaza I & II, two retail strip centers located in Katy, a western suburb of Houston, Texas. Each center spans 10,000 square feet, bringing the total retail space transacted to 20,000 square feet. Both properties were completed in late 2023 and reported full occupancy at the time of sale.

The transaction details, including the identities of the seller and buyer, as well as the final sales price, were not disclosed. STRIVE represented the undisclosed seller in the deal. This sale underscores continued investor interest in newly constructed, fully stabilized retail assets within growing suburban markets in Texas.

Topics

commercial-real-estatekatypeek-plazaretail-strip-centersstrivetexas

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