HOUSTON–The Northline Commons shopping centerhere has changed hands in an off-market deal arranged byHFF’s Houston office. Senior managing directorRusty Tamlyn and managing director RyanWest represented the seller, BerensonAssociates of Boston.
The buyer was an affiliate of North American DevelopmentGroup, which is headquartered in West Palm Beach, FL.Stephen Preston of HFF's Dallas office representedNADG. No purchase price for the 478,584-sfproperty was released.
Tamlyn says that HFF approached Berenson about marketingNorthline Commons in an off-market approach earlier this year andbegan marketing the center, which is located at the Northeastcorner of Interstate 45 and Crosstimbers in north Houston, at theInternational Conference of Shopping Centersconference in May in Las Vegas. The transactionclosed on Sept. 21.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
