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| Erin Lazarus. |
HOUSTON,
TX – JLL Capital Markets has closed the sale of Humblewood
Shopping Center, a 163,897-square-foot power center anchored by Conn’s and
Petco in the Houston-area community of Humble, Texas. The price was not disclosed.
JLL marketed the property on behalf of the seller, Forge Capital Partners.
South Florida-based JBL Asset Management acquired the asset.
The JLL Retail Capital Markets team representing the seller was led by Senior Managing Directors Chris Gerard and Ryan West and Associate Erin Lazarus.
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| Chris Gerard |
Humblewood Shopping Center is home to a diverse mix of national and regional tenants, including Conn’s, Petco, Michaels, DSW, Five Below, Texas State Optical, Sketchers, GameStop, Honey Baked Ham, Jason’s Deli, Smoothie King, IHOP, Humble Nails, Gadget MD and Ace Cash Express.
Located
at 19611 US 59, Humblewood Shopping Center is at the southwest corner of FM
1960 Bypass Rd E and Interstate 69, which is northeast Houston’s dominant
retail intersection and directly across the street from Deerbrook Mall, a
1.2-milion-square-foot regional mall.
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| Ryan West |
The center serves a population of 43,280
residents within a three-mile radius earning an average annual household income
of nearly $84,000.
CONTACT:
Kimberly Steele
JLL Sr. Manager
Public Relations
Phone: +1
713 852 3420
Email: Kimberly.Steele@am.jll.com
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