Copper Lakes Project Acquisition: Major Mine Sale Announced
Copper Lakes Shopping Center in the Cy-Fair area of Houston.
HOUSTON – (Realty News Report) – Houston developer BCTS Partners, LLC has sold Copper Lakes Shopping Center, a 91%-leased retail and office property in the Cy-Fair submarket of west Houston, to Parkway Brothers Investment, Inc.
Located at 17111 and 17121 West Road, Copper Lakes comprises two buildings totaling 16,080 square feet of retail and 7,000 square feet of office space on a 2.68-acre parcel.
Austen Baldridge and Brad Elmore of Houston-based NewQuest Properties represented the seller, while Andy Hsu of AA Realty Co. represented the buyer.
“We had strong interest and multiple offers,” said Baldridge, who was recently promoted to senior associate. “As the only retail center at that intersection, Copper Lakes is well positioned to remain leased long term. It serves established nearby neighborhoods very effectively.”
Developed by BCTS Partners in 2007, the mixed-use center sits on the southwest corner of West Road and Queenston Boulevard—key thoroughfares in a high-growth corridor featuring numerous master-planned single-family communities, including the adjacent Copperfield Westcreek Village and Copper Lakes subdivisions. Surrounding institutions include West Houston Church of Christ, St. Cuthbert Episcopal Church, and nearby Birkes Elementary and Aragon Middle schools, which together serve nearly 3,000 students.
Copper Lakes is anchored by Fitness 19, which renewed a 7,000-square-foot lease shortly before NewQuest began marketing the property. The retail lineup, currently fully leased, includes Snowflake Donuts, EZ Floors, Homebase Pizza, ZL Dentistry & Orthodontics, Hollywood Fashion Nails, and Spots Cleaners. The office component houses the headquarters of EthosIQ, a software and technology firm, along with a State Farm insurance agency.
