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| Easton Commons, Houston, TX |
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| Rusty Tamlyn |
HOUSTON, TX – HFF announced today that it has closed the
sale of and arranged financing for Easton Commons, a
193,595-square-foot, grocery-anchored community center in Houston, Texas.
HFF
marketed the property on behalf of the seller, a joint venture between
affiliates of The Hutensky Group and an investment account managed by American
Realty Advisors.
NewQuest Epic
Investments and an institutional partner purchased the property for an
undisclosed amount free and clear of existing debt. HFF also arranged acquisition financing on behalf of the buyer
through BBVA Compass Bank.
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| Ryan West |
Easton Commons is located at the northeast corner of Highway
6 and West Road in Houston’s Copperfield master-planned community. The center is 86 percent leased and is
anchored by Kroger, which just renewed its lease, and Studio Movie Grill. New ownership intends to remodel the entire
center.
The
HFF investment sales team representing the seller was led by senior managing
director Rusty Tamlyn, managing director Ryan West and real
estate analyst Matt Berry.
 |
| Adam F. Herrin |
HFF’s debt placement team was led by director Adam Herrin
along with senior managing director Andy Scott, director Cameron Cureton and
real estate analyst Michael George.
. For a complete
copy of the company’s news releases, please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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