Population Growth and Retail Location Key to Funding

Hedwig Village benefits from a visible location on the Katy Freeway.

HOUSTON—Strong tenant demand coupled with Houston’s solid population growth continue to drive financing for retail assets. On behalf of Fidelis Realty Partners, JLL’s capital markets experts completed recapitalization financing for Hedwig Village Shopping Center. John Hancock provided the 10-year, interest only loan. Fidelis will continue to lease and manage the property. Executive managing director Tom Fish and managing director, Jimmy Board, led the JLL team on the deal.

Hedwig Village is a 227,000-square-foot regional power center located along the south side of the expansive 26 lane Katy Freeway (Interstate 10), Houston’s main east-west thoroughfare, at the intersection of Echo Lane. Hedwig Village benefits from this visible location that features a regional draw from the 300,000 vehicles that travel along the Katy Freeway each day.