{"id":1004370626,"date":"2019-11-22T05:48:53","date_gmt":"2019-11-22T13:48:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004370626"},"modified":"2019-11-22T05:48:53","modified_gmt":"2019-11-22T13:48:53","slug":"woodside-health-picks-up-houston-area-plaza","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/woodside-health-picks-up-houston-area-plaza\/","title":{"rendered":"Woodside Health Picks Up Houston-Area Plaza"},"content":{"rendered":"
\"\"<\/a>

Fairfield Plaza. Image courtesy of Woodside Health<\/em><\/p><\/div>\n

Woodside Health has acquired Fairfield Plaza, a five-building medical office and retail property in Cypress, Texas. According to Harris County records, Radler Enterprises sold the 83,000-square-foot, HCA Healthcare-anchored property, while Independent Bank provided $19.2 million in acquisition financing. The loan bears a 5-year term.<\/p>\n

Radler Enterprises completed the shell construction of Fairfield Plaza in 2013. Located at 15103 Mason Road on 9.3 acres, the property is just across the street from the 294-unit Fairfield Ranch Apartments. The Fairfield Town Center shopping mall is within walking distance and provides access to retailers such as Marshalls, Old Navy, Subway, H-E-B and HomeGoods.<\/p>\n

In addition to the anchor tenant, Fairfield Plaza’s roster also includes Texas ENT, Little Caesars and Hot Wok, among others. The property is nearby State Route 290, which has a daily car count exceeding 100,000 vehicles. According to a Washington Prime Group fact sheet, the median household income within a 5-mile radius of Fairfield Town Center was slightly more than $105,000 as of December 2018.<\/p>\n

The deal marks Woodside’s eleventh Texas acquisition. The firm’s portfolio comprises medical and health-related assets in Arizona, Florida, Georgia, Michigan and Ohio. Following the purchase and renovation of Indian River, a mixed-use medical office building in Vero Beach, Fla., this summer Woodside decided to capitalize on its investment and sold the property at a price increase of roughly 40 percent<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The HCA Healthcare-anchored property houses tenants from both the medical and retail industries.<\/p>\n","protected":false},"author":868,"featured_media":1004505607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1589,21754,21742,21749],"tags":[39086,37897,34071,45950],"class_list":["post-1004370626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-houston","category-medical-office","category-latest","category-retail","tag-independent-bank","tag-radler-enterprises","tag-washington-prime-group","tag-woodside-health"],"acf":[],"yoast_head":"\nWoodside Health Picks Up Houston-Area Plaza - 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\/woodside-health-picks-up-houston-area-plaza\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Woodside Health Picks Up Houston-Area Plaza\" \/>\n<meta property=\"og:description\" content=\"The HCA Healthcare-anchored property houses tenants from both the medical and retail industries.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/woodside-health-picks-up-houston-area-plaza\/\" \/>\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=\"2019-11-22T13:48:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/fairfield-plaza.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2640\" \/>\n\t<meta property=\"og:image:height\" content=\"1754\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\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\/woodside-health-picks-up-houston-area-plaza\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/woodside-health-picks-up-houston-area-plaza\/\",\"name\":\"Woodside Health Picks Up Houston-Area Plaza - 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