Bellaire Kingtown LLC Acquires Retail Center, Market briefs

In Houston, Bellaire Kingtown LLC has purchased 7555 Bellaire, a 43,631 SF retail property in the Sharpstown area of Houston.

Justin Miller and Davis Hansen from Marcus & Millichap’s Houston office had the exclusive listing to market the property on behalf of the seller, XJ & K Property LLC, a Houston-based partnership.

“The offering drew significant interest from a variety of investors that liked the property’s strategic location,” says Miller. “The rent roll is attractive with a mix of medical, service oriented, and discount retailer tenancy,” added Hansen.

7555 Bellaire features tenants such as Family Thrift Center, Alegria Dental Care, and Club Fit.