{"id":1004175651,"date":"2017-05-09T04:11:22","date_gmt":"2017-05-09T12:11:22","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004175651"},"modified":"2022-12-07T14:31:19","modified_gmt":"2022-12-07T22:31:19","slug":"hff-closes-sale-of-broadway-shopping-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-broadway-shopping-center\/","title":{"rendered":"HFF Closes Sale of Broadway Shopping Center"},"content":{"rendered":"<p>By Anca Gagiuc<\/p>\n<div id=\"attachment_1004175654\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Broadway-Shopping-Center-Galveston-Texas.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004175654\" data-attachment-id=\"1004175654\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-broadway-shopping-center\/broadway-shopping-center-galveston-texas\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Broadway-Shopping-Center-Galveston-Texas.jpg\" data-orig-size=\"1000,554\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Broadway-Shopping-Center-Galveston, Texas\" data-image-description=\"&lt;p&gt;Broadway Shopping Center, Galveston, Texas&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Broadway Shopping Center, Galveston, Texas&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Broadway-Shopping-Center-Galveston-Texas.jpg?w=1000\" class=\"wp-image-1004175654 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Broadway-Shopping-Center-Galveston-Texas.jpg\" alt=\"Broadway Shopping Center, Galveston, Texas\" width=\"300\" height=\"166\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Broadway-Shopping-Center-Galveston-Texas.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Broadway-Shopping-Center-Galveston-Texas.jpg?resize=300,166 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Broadway-Shopping-Center-Galveston-Texas.jpg?resize=768,425 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004175654\" class=\"wp-caption-text\">Broadway Shopping Center, Galveston, Texas<\/p><\/div>\n<p>HFF announced it has closed the sale of the 74,604-square-foot Broadway Shopping Center, a power center located in the coastal community of Galveston, Texas. The commercial real estate capital intermediary marketed the asset on behalf of the seller, Weingarten Realty Investors. The retail center was acquired by a private investor, free and clear of existing debt.<\/p>\n<p>Broadway Shopping Center, located at 5908 Broadway Ave., is at the confluence of Interstate 45 and Broadway, exposing the center to more than 64,000 vehicles per day. More than 34,800 residents live within a three-mile radius of the property. This is the closest retail center to the primary residential and tourist areas of Galveston, which welcome more than seven million visitors annually. The center is fully leased to a variety of tenants including Big Lots, Da Vita Island Dialysis, Family Dollar, Anytime Fitness, West Marine and Subway.<\/p>\n<p>Senior Managing Director Ryan West led the HFF investment team representing the seller.<\/p>\n<p><em>Image courtesy of Weingarten Realty Investors<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tenant roster at the 74,604-square-foot power center includes Big Lots, Da Vita Dialysis, West Marine and Subway. More than 34,800 residents live within a three-mile radius of the property, while more than 64,000 vehicles pass by daily.<\/p>\n","protected":false},"author":237,"featured_media":1004175654,"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":[32792,35379],"class_list":["post-1004175651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-houston","category-investment","category-latest","category-retail","tag-hff","tag-weingarten-realty-investors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HFF Closes Sale of Broadway Shopping 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-closes-sale-of-broadway-shopping-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Closes Sale of Broadway Shopping Center\" \/>\n<meta property=\"og:description\" content=\"The tenant roster at the 74,604-square-foot power center includes Big Lots, Da Vita Dialysis, West Marine and Subway. More than 34,800 residents live within a three-mile radius of the property, while more than 64,000 vehicles pass by daily.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-broadway-shopping-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=\"2017-05-09T12:11:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T22:31:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Broadway-Shopping-Center-Galveston-Texas.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"554\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-sale-of-broadway-shopping-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-sale-of-broadway-shopping-center\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"HFF Closes Sale of Broadway Shopping Center\",\"datePublished\":\"2017-05-09T12:11:22+00:00\",\"dateModified\":\"2022-12-07T22:31:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-sale-of-broadway-shopping-center\\\/\"},\"wordCount\":180,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-sale-of-broadway-shopping-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/05\\\/Broadway-Shopping-Center-Galveston-Texas.jpg\",\"keywords\":[\"HFF\",\"Weingarten Realty Investors\"],\"articleSection\":[\"Deals\",\"Houston\",\"Investment\",\"News\",\"Retail\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-sale-of-broadway-shopping-center\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-sale-of-broadway-shopping-center\\\/\",\"name\":\"HFF Closes Sale of Broadway Shopping Center - 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