University Shopping Center in College Station, Texas, recently sold to a Houston-based investment company for an undisclosed price.
Tenant-in-common investors sold the property, which comprises approximately 170,000 square feet of retail space, to Principle Equity Management LP.
Built in 2002, the property at closing was 100 percent occupied by multiple tenants that included Ross Dress-For-Less, PETCO, Goody’s, Hobby Lobby and Shoe Carnival. The center caters to the 46,000 students that attend Texas A&M University, which lies just a quarter mile away.
The TIC investors originally purchased the property in September 2002.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!