{"id":1004167567,"date":"2017-02-27T05:43:42","date_gmt":"2017-02-27T13:43:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004167567"},"modified":"2022-12-08T21:50:01","modified_gmt":"2022-12-09T05:50:01","slug":"hff-arranges-sale-of-houstons-renaissance-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-arranges-sale-of-houstons-renaissance-center\/","title":{"rendered":"HFF Arranges Sale of Houston\u2019s Renaissance Center"},"content":{"rendered":"

By Anca Gagiuc<\/em><\/p>\n

\"Renaissance<\/a>

Renaissance Center, Houston, Texas<\/p><\/div>\n

Houston<\/strong>\u2014HFF announced it has closed the sale of Renaissance Center, a value-add, grocery-anchored retail center located near the Texas Medical Center in Houston. Williamsburg Enterprises Ltd. acquired the asset from Lionstone Investments for an undisclosed amount and clear of existing debt.<\/p>\n

HFF marketed the property on behalf of the seller. Managing directors Ryan West and Rusty Tamlyn led the investment sales team.<\/p>\n

The 97,279-square-foot Renaissance Center is sited on 9.6 acres at 6102 Scott St., at the southwest corner of Old Spanish Trail and Scott Street. The retail center is located inside of Houston\u2019s Interstate 610 inner loop, less than two miles from the Texas Medical Center and downtown Houston. According to a press statement, there are more than 135,000 residents living within a three-mile radius of the property. The asset, completed in 1996, is anchored by H.E.B. and also houses Taco Bell, BB&T Bank, Texas Department of Human Services, Watermill Express and U.S. Renal Care.<\/p>\n

\u201cThe center is in a very urban, infill location with tremendous value-add opportunity, which the buyer is immediately implementing,\u201d West said in a prepared statement.\u00a0\u201cThis opportunity reflects the re-gentrification occurring in several different pockets inside the Interstate 610 Loop.\u201d<\/p>\n

Image courtesy of HFF via Twitter<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The 97,279-square foot retail center serves an area with over 135,000 residents.<\/p>\n","protected":false},"author":237,"featured_media":1004167568,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1589,21783,21742,21749],"tags":[32792,33177,34115],"class_list":["post-1004167567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-houston","category-investment","category-latest","category-retail","tag-hff","tag-lionstone-investments","tag-renaissance-center"],"acf":[],"yoast_head":"\nHFF Arranges Sale of Houston\u2019s Renaissance Center - 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\/hff-arranges-sale-of-houstons-renaissance-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Arranges Sale of Houston\u2019s Renaissance Center\" \/>\n<meta property=\"og:description\" content=\"The 97,279-square foot retail center serves an area with over 135,000 residents.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-sale-of-houstons-renaissance-center\/\" \/>\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=\"2017-02-27T13:43:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T05:50:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Renaissance-Center-Houston-Texas.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\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\/hff-arranges-sale-of-houstons-renaissance-center\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-sale-of-houstons-renaissance-center\/\",\"name\":\"HFF Arranges Sale of Houston\u2019s Renaissance Center - 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