25 Jun, 2014 Press Releases

17,500 SF RETAIL CENTER SOLD

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FOR IMMEDIATE RELEASE

Press Contact: Todd A. Carlson
(713) 623-6944

HUNINGTON PROPERTIES, Inc. SELLS 17,500 SF RETAIL CENTER

KATY, TX, June 24, 2014 – Hunington Properties, Inc. a full service commercial brokerage company has announced the sale of Cinco-Westheimer Parkway Plaza, a 17,500 square-foot retail property, consisting of one retail building, located in Katy, TX, according to Todd A. Carlson. The property was located at the intersection of Fry Road and Westheimer Parkway in the master planned community of Cinco Ranch. The property was 100% occupied at the time of sale with a strong mix of tenants.

Todd A. Carlson represented the seller, a local developer who built the shopping center in 2005. The buyer a local investment group purchased the property as part of a 1031 exchange.

For nearly 30 years, Hunington Properties has been helping clients maximize their real estate assets. A full-service commercial real estate company based in Houston and operating across Texas and the South/Central US, Hunington has built a sterling reputation as a leader when it comes to protecting, enhancing, and realizing the value of our clients’ commercial property investments.