HOUSTON-Partners Trammell Crow Co., Prudential RealEstate Investors and Morgan Group soldthe class A Greenway Commons’ retail component toCole Real Estate Investments. The253,000-square-foot urban retail center was 96% leased at the timeof closing, and attracted a great deal of interest during themarketing period.

“This is an urban infill complex and a high-density development;these projects tend to garner a great deal of interest,” explainsTCC senior vice president Kyle Miller. Even withall of the potential buyers involved, the retail asset at 3838Richmond Ave. ended up in the Phoenix-based Cole Real EstateInvestments’ portfolio because of familiarity with the buyer.

Cole Real Estate acquired the 306,890-square-footAtascocita Commons in Humble, TX from Trammell Crow in2010. “We’d worked with them before and knew them to be a goodbuyer,” Miller tells GlobeSt.com. “We were happyto do the deal with them.” Chris Gerard andChris Cozby with CBRE’s Dallasoffice along with R. William Kent and GaryLawrence with CBRE in Washington, DC represented TrammellCrow Company in the sale.

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