{"id":1004135911,"date":"2016-01-29T07:40:38","date_gmt":"2016-01-29T15:40:38","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004135911"},"modified":"2020-05-18T03:01:11","modified_gmt":"2020-05-18T11:01:11","slug":"the-richland-companies-acquires-houston-retail-complex","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/","title":{"rendered":"The Richland Companies Acquires Houston Retail Complex"},"content":{"rendered":"

By Adelina Osan, Associate Editor<\/em><\/p>\n

Houston<\/strong>\u2014The Richland Companies<\/a> recently entered the northwest submarket of Houston with a retail acquisition. The newly-purchased Lakes on Eldridge Centre<\/a> is conveniently located at 5630 North Eldridge Parkway in the heart of the Energy Corridor.<\/p>\n

\"Lakes<\/a>

Lakes on Eldridge Centre<\/p><\/div>\n

\u201cWe\u2019re looking forward to joining and serving the Energy Corridor community. It\u2019s a market we\u2019ve had our eye on for a while,\u201d Edna Meyer-Nelson, president & CEO of The Richland Companies, said in a prepared statement. \u201cIt\u2019s a high growth area even with the drop in oil prices and recent layoffs, it sees more than 47,000 cars per day drive by, has a population of 67,000 within three miles and has an expected 9% population growth projection in the next five years.\u201d<\/p>\n

Lakes on Eldridge Centre is a 30,049-square-foot retail center surrounded by multiple high-end master planned communities. The complex was 95 percent occupied at the time of the sale.<\/p>\n

\u201c2016 is off to a great start for Richland and we have a lot of exciting things in the works. We are gearing up for rapid growth within the next five years. The Lakes on Eldridge acquisition begins this year on our pathway to the numerous real estate transactions we anticipate in the near future. We\u2019re thrilled to begin the year with news of expansion from our new headquarters,\u201d says Meyer-Nelson. \u201cThe future looks bright for Richland,\u201d she adds.<\/p>\n

Richland owns and manages a variety of notable properties in Houston such as 550 Post Oak, Bay Plaza Office Complex, Beltway 8 Service Center, Cedarstone One, Deerbrook Corner, Fairmont PH Business Park, McDonald\u2019s-Beltway 8 and Raton Plaza.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 30,049-square-foot Lakes on Eldridge Centre was recently purchased by The Richland Companies. <\/p>\n","protected":false},"author":735,"featured_media":1004135914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,21749],"tags":[],"class_list":["post-1004135911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-retail"],"acf":[],"yoast_head":"\nThe Richland Companies Acquires Houston Retail Complex - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Richland Companies Acquires Houston Retail Complex\" \/>\n<meta property=\"og:description\" content=\"The 30,049-square-foot Lakes on Eldridge Centre was recently purchased by The Richland Companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-29T15:40:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T11:01:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Lakes-on-Eldridge-Centre.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2904\" \/>\n\t<meta property=\"og:image:height\" content=\"2244\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adelina Osan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/\",\"name\":\"The Richland Companies Acquires Houston Retail Complex - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Lakes-on-Eldridge-Centre.jpg\",\"datePublished\":\"2016-01-29T15:40:38+00:00\",\"dateModified\":\"2020-05-18T11:01:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Lakes-on-Eldridge-Centre.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Lakes-on-Eldridge-Centre.jpg\",\"width\":2904,\"height\":2244,\"caption\":\"Lakes on Eldridge Centre\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Richland Companies Acquires Houston Retail Complex\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615\",\"name\":\"Adelina Osan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81\",\"caption\":\"Adelina Osan\"},\"description\":\"Adelina Osan is a publishing manager with Commercial Property Executive and Multi-Housing News. She joined the team in 2015 as associate editor and covered commercial, residential and student housing news assignments. Adelina has an academic background in public relations and worked in advertising and social media prior to her editorial role. \ud83d\udce7 She's available at adelina.osan@cpe-mhn.com for discussions regarding real estate news, industry trends, research center and other related topics.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adelina-osan\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Richland Companies Acquires Houston Retail Complex - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/","og_locale":"en_US","og_type":"article","og_title":"The Richland Companies Acquires Houston Retail Complex","og_description":"The 30,049-square-foot Lakes on Eldridge Centre was recently purchased by The Richland Companies.","og_url":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-01-29T15:40:38+00:00","article_modified_time":"2020-05-18T11:01:11+00:00","og_image":[{"width":2904,"height":2244,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Lakes-on-Eldridge-Centre.jpg","type":"image\/jpeg"}],"author":"Adelina Osan","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/","url":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/","name":"The Richland Companies Acquires Houston Retail Complex - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Lakes-on-Eldridge-Centre.jpg","datePublished":"2016-01-29T15:40:38+00:00","dateModified":"2020-05-18T11:01:11+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Lakes-on-Eldridge-Centre.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Lakes-on-Eldridge-Centre.jpg","width":2904,"height":2244,"caption":"Lakes on Eldridge Centre"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/the-richland-companies-acquires-houston-retail-complex\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"The Richland Companies Acquires Houston Retail Complex"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615","name":"Adelina Osan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81","caption":"Adelina Osan"},"description":"Adelina Osan is a publishing manager with Commercial Property Executive and Multi-Housing News. She joined the team in 2015 as associate editor and covered commercial, residential and student housing news assignments. Adelina has an academic background in public relations and worked in advertising and social media prior to her editorial role. \ud83d\udce7 She's available at adelina.osan@cpe-mhn.com for discussions regarding real estate news, industry trends, research center and other related topics.","url":"https:\/\/www.commercialsearch.com\/news\/author\/adelina-osan\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/Lakes-on-Eldridge-Centre.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004135911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/735"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004135911"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004135911\/revisions"}],"predecessor-version":[{"id":1004443732,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004135911\/revisions\/1004443732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004135914"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004135911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004135911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004135911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}