CHANNELVIEW, TX-CBRE's National Retail Investment Group has arranged the sale of Sheldon Forest Shopping Center in Channelview, on behalf of Weingarten Realty Investors.
Sheldon Forest Shopping Center I & II is located at 450 Sheldon Road,. The 97,380-square-foot center is anchored by Gerland's Food Fair and also includes major tenants Family Dollar and Burke's Outlet. Both phases of the center are 100% occupied. Capcor Partners purchased the asset for an undisclosed price.
CBRE SVP Chris Cozby; VP Chris Gerard; and VP Kevin Holland represented the seller. First vice president Jeff Stein, with CBRE Houston, arranged the financing for Sheldon Forest Shopping Center.
CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm. The company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide.
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