Edge Capital Markets and Investar Real Estate Services brokered the sale of Westheimer Plaza in Houston, TX

Westheimer Plaza in Houston - Sold

HOUSTON, TX – September 3, 2024 – Edge Capital Markets (“Edge”) and Investar Real Estate Services brokered the sale of Westheimer Plaza located at 5757 Westheimer Road in Houston, Texas. Chace Henke and Micha van Marcke, CCIM of Edge represented the Buyer, Last Mile Investments, in their continued acquisition strategy throughout the Houston MSA and Jim Bayne of Investar Real Estate Services, Inc represented the Seller. Positioned along Houston’s main retail corridor, Westheimer Plaza is a 24,000 square foot stabilized retail center leased to national and local retailers as well as esteemed restaurants. Additionally, the property is situated within the prestigious Uptown/Galleria trade area and surrounded by an exceptional daytime population and affluent home values. The strength of the property’s location underpins consistent cash flow and meaningful value-creation and was ultimately sold in an off-market transaction.