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About $1.2M Takes 9,000-SF Plaza

HOUSTON-The fully occupied Pan American Plaza at 6502 Bellaire Blvd. passes from one private investor in Houston to another. The transaction includes a 99-Cent store and its inventory plus an elite address in the Bellaire neighborhood.

By Jennifer Brenner Andrade | Updated on August 28, 2003

HOUSTON-The 9,000-sf Pan American Plaza in the elite southwest Houston neighborhood of Bellaire has sold for just south of the $1.2-million price tag.

The transaction for the 6502 Bellaire Blvd. strip center included inventory and operations of a 99-Cent store, Brad Bailey with the Houston office of Marcus & Millichap tells GlobeSt.com. The 100%-occupied complex’s title passed from a Houston family to another Houston private investor, who owns other investment properties in the region.

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