Portfolio
SOUTHGATE SHOPPING CENTER
Southgate Shopping Center is a 167,292 square foot grocery anchored shopping center in Lake Charles, Louisiana. The Property is anchored by Market Basket, the #1 grocer in Lake Charles (34.5% market share) which enjoys a strong sales track record with consistently increasing sales and has occupied the Property since 1986. Southgate Shopping Center is approximately 95% occupied and has maintained a long and successful history as one of the premier shopping destinations in the Lake Charles MSA. Southgate Shopping Center is located in the heart of Lake Charles, between Interstate 10 and 210. The Property serves as the closest shopping destination to downtown and enjoys maximum visibility to Highway 385 with convenient access to many of the city’s major employment centers and residential neighborhoods
- Acquired in 2015
- 167,292 sq. ft.
- Major Tenants: Five Guys, Market Basket, Books-A-Million and Wingstop
OLMOS CREEK SHOPPING CENTER
Olmos Creek Shopping Center is a 106,839 square foot shopping center situated on over 16 acres at the corner of Northwest Military Highway and Huebner Road in San Antonio, Texas that is anchored by Planet Fitness with occupied and available in-line space, a McDonald’s, a Compass Bank (both freestanding) and two additional pad sites for future development. Olmos Creek is an exceptionally located community retail center positioned in one of the most coveted areas of San Antonio. The shop space is occupied by a strong line-up of national and local tenants which appeal to the surrounding demographics and have had strong sales histories at the Property.
- Acquired in 2015
- 106,839 sq. ft.
- Major Tenants: Planet Fitness, Subway, Wild Birds Unlimited, Compass Bank, McDonalds, UPS
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PARKWAY PLAZA
Parkway Plaza is a 138,093 square foot retail property on 12.81 acres located at 1996 NW Evangeline Thruway in Lafayette, Louisiana which is perfectly situated at the retail core of the Lafayette submarket, across from Home Depot. Parkway Plaza has prime frontage and two large pylon signs, and a billboard on the highly trafficked Highway 167 near Interstate 10. The center is easily accessible via Highway 167. Parkway Plaza is anchored by Citi Trends, It’s Fashion Metro, Dollar Tree, Kool Smiles and Rainbow.
- Acquired in 2017
- 138,093 sq. ft.
- Major Tenants: Citi Trends, It’s Fashion Metro, Dollar Tree, Kool Smiles and Rainbow
SPECTRUM OFFICE BUILDING
Spectrum Office Building is an eight story, 130,104 square foot Class B office building located at 5858 Westheimer Road in Houston, Texas. The property is 85% leased to multiple tenants. Spectrum boasts superior regional access and convenience to Houston’s extensive transportation network and its key centers of commerce. Within five minutes of the Property are five major highways and interstates including Interstate 10, Interstate 610 (West Loop South), US Highway 59 (Southwest Freeway), Westpark Tollway and Beltway 8. The Spectrum is also just 15 minutes from downtown Houston and has convenient access to the Texas Medical Center and the Energy Corridor. The George Bush Intercontinental Airport, which serves 43 million passengers annually, is approximately 30 minutes to the northeast, and Houston Hobby Airport is 25 minutes to the southeast of the Property. The Spectrum Office Building provides for 408 covered spaces in the adjacent parking garage and 40 spaces in the adjacent surface parking lot for a very favorable parking ratio of 3.43/1,000. Spectrum Office Building is situated in the Galleria/Uptown office market at the western edge of an area known as Uptown Houston, which encompasses the upscale shopping/dining areas of Uptown Park and The Galleria, and the high income subdivisions of Tanglewood and Briargrove.
- Acquired in 2003
- 130,104 sq. ft.
LAS PALMAS SHOPPING CENTER
Las Palmas Shopping Center a 256,213 square foot grocery anchored neighborhood center located at the northeast corner of Castroville Road and S. General McMullen Drive in San Antonio, Texas. Grocery-anchored by a strong performing, long-term H-E-B, the Property is currently 92.5% occupied by a complementary mix of national, regional, and local tenants including Family Dollar, Rent-A-Center, Subway, Ace Cash Express, and DaVita Dialysis. This tenant line-up serves the daily needs of the Hispanic population that makes up nearly 97% of the residents in a one-mile radius. Over the last 10 years (including the recession from 2008-2011) the Property has never dropped below 92% occupancy. Palmas Shopping Center includes Palmas Corner and Palmas Metro.
- Acquired in 1998
- 226,768 sq. ft.
- Major Tenants: Family Dollar, Luby’s, Bio Medical Application, City Public Service, Rent-A-Center, and Texas EZ Pawn
RYAN STREET PLAZA
Ryan Street Plaza, a 215,948 square foot grocery anchored shopping center in Lake Charles, Louisiana. Ryan Street Plaza’s location at the northwest corner of Sale Road and Ryan Street is enhanced by its periphery to Prien Lake Mall, the only regional mall for 60 miles. The Property features a dominant tenant line-up bolstered by a diverse collection of national tenants including Albertsons, Casa Ole, Stage and Planet Fitness.
- Acquired in 2017
- 215,948 sq. ft.
- Major Tenants: Albertsons, Planet Fitness, Stage
TOWN PLAZA SHOPPING CENTER
Town Plaza Shopping Center is a 102,680 square foot shopping center strategically located on US Hwy 71 a four lane highway and the major North South artery through Leesville, Louisiana with its visibility enhanced from its close proximity to Walmart and Lowe’s. Fort Polk, a US Military facility currently supporting 60,000 enlisted personnel, their families and civilian support, is the less than few miles away, and significantly contributes to the traffic at the center. Fort Polk is a Joint Readiness Training Facility. A new image was afforded Town Plaza through a total façade renovation, pylon renovation, and new common area lighting. Stage Stores renewed their lease and relocated into a 30,470 square foot space. New Tenants to Town Plaza include Navy Federal Credit Union, Dollar Tree, Buffet City and It’s Fashion Metro.
- Acquired in 2005
- 102,680 sq. ft.
- Major Tenants: Stage Stores, Dollar Tree, and It’s Fashion Metro
NORTH SHORE PLAZA
North Shore Plaza is a 115,688-square foot retail property (neighborhood/community center) on 10.161 acres located at 4000-4042 Pontchartrain Drive (at Spartan Drive) in Slidell, Louisiana in one of the fastest growing Parishes in the state, St. Tammy Parish. It is seconds away from Eden Isle and Oak Harbor, Louisiana’s premier waterfront communities. North Shore is anchored by Dollar Tree and Cross Gates Athletics. The property also has two additional pad sites for future development.
- Acquired in 2013
- 115,688 sq. ft.
- Major Tenants: Lishman’s City Market, West Marine, Cross Gates Athletic Club
MAIN PLACE SHOPPING CENTER
Main Place Shopping Center is a one story, seven building, multi-tenant retail community center situated on a 16.16 acre parcel with 176,447 net rentable square feet. It has a diverse tenant mix with several large tenants such as Cinemark Theater, Kirkland’s, Dollar General and The University of Texas Rio Grande Valley. The Property features a parking ratio of 5.31/1,000 with abundant points of egress/ingress into the center: two entrances along U.S. Expressway 83, one entrance along South Main Street, five entrances along Savannah Avenue, and two entrances along South 18th Street.
- Acquired in 2005
- 176,447 sq. ft. (net)
- Major Tenants: Cinemark Theater, Kirkland’s, Dollar General and The University of Texas Rio Grande Valley
NORTHWAY SHOPPING CENTER
Northway Shopping Center is a 113,457 square foot shopping center strategically located at the Northwest corner of Interstate 10 and State Highway 87 (N 16th Street) in Orange, Texas. The Property enjoys convenient access to many of the city’s major employment centers and residential neighborhoods on the major arterial joining downtown Orange with Interstate 10 and North Orange’s residential areas. The Property is anchored by Market Basket, a dominant grocery store chain in east Texas and southwest Louisiana headquartered nearby. Other tenants include Stage Stores, Pizza Hut and an Exxon/Mobil convenience market.
- Acquired in 2013
- 115,688 sq. ft.
- Major Tenants: Lishman’s City Market, West Marine, Cross Gates Athletic Club
ROUND GROVE CROSSING SHOPPING CENTER
Round Grove Crossing Shopping Center is a 42,257 square foot neighborhood shopping center located at Round Grove (FM 3040) and State Highway 121. FM 3040 is the major thoroughfare into Flower Mound from IH 35. Excellent traffic location. It is directly across from the entry gate to the Convergence Office Complex.
- Acquired in 2005
- 42,257 sq. ft.
- Major Tenants: Vista Ridge Chiropractic, Keystone Dental, and NTB
BURBANK CROSSING SHOPPING CENTER
Burbank Crossing Shopping Center is a 55,100 square foot shopping center located at 9252-9301 Burbank Road at Staring Lane in Baton Rouge, Louisiana. The area surrounding Burbank Crossing is undergoing a surge of new development with major new residential development in the area and the construction of the hotel and casino. A 3 million dollar semi-pro baseball training facility has been developed directly across Burbank from the center. A major thoroughfare, Burbank has been widened to 5 lanes and Staring Lane has been extended from Highland to Burbank, creating a throughway from the shopping center directly to I-10. Highland Road runs parallel and directly east of Burbank and is an exclusive neighborhood with some of the most expensive homes in Baton Rouge. Burbank Crossing is anchored by Ideal Market, Dollar Tree and Hibbett Sports.
- Acquired in 2006
- 55,100 sq. ft.
- Major Tenants: Hibbett Sports, Dollar Tree, Ideal Market
BLUE BELL INDUSTRIAL PARK
Blue Bell Industrial Park is located at 211-271 Blue Bell Road, which is strategically located in the North Outer Loop industrial submarket of Houston, Texas. Constructed in 1982, Blue Bell Industrial Park encompasses 102,000 square feet across 14 metal buildings on a rectangular site totaling 7.11 acres. The tenant profile within the property consists of local business operators and the property has maintained its occupancies averaging 82 percent in 2014 and 2015.
- Acquired in 1999
- 102,000 sq. ft.
- Major Tenants: Pineda Paint/Body