Retail

HOUSTON — HFF has closed the sale of Renaissance Center, a 97,279-square-foot, grocery-anchored retail property in downtown Houston. Located at 6102 Scott St. near the intersection of Old Spanish Trail, the center lies inside Houston’s Interstate 610 loop and is within two miles of the Texas Medical Center. Current tenants include H-E-B, Taco Bell, BB&T Bank, Watermill Express and U.S. Renal Care. Ryan West and Rusty Tamlyn of HFF represented the seller, Lionstone Investments, an analytics-driven real estate firm. The buyer, Williamsburg Enterprises Limited, obtained the property with zero outstanding debt.

COPPERAS COVE, TEXAS — Marcus & Millichap has brokered the sale of Copperas Cove Retail, a 16,400-square-foot retail property located at 301 Constitution Drive in Copperas Cove, a city roughly 65 miles north of Austin. The property was 100 percent occupied at the time of sale to tenants such as Payless Shoe Source, Sally Beauty Co., Bank of America, GameStop and Jackson Hewitt Tax Service. Philip Levy of Marcus & Millichap represented the seller, a developer, and secured the buyer, a private investor. Both parties requested confidentiality.

SAN ANTONIO — San Antonio Commercial Advisors (SACA), an affiliate of Cushman & Wakefield, has facilitated the sale of Shavano Square, a 25,182-square-foot retail property situated on 2.3 acres at 411-4477 De Zavala Road in San Antonio. Located near Clark High School and Shavano Park on the city’s outskirts, the center was 91 percent occupied at the time of sale to tenants such as Sol y Luna Bakery, Nationwide Insurance and Saldivar Martial Arts. SACA’s Bradley Suttle and Brent Smith represented the seller, CWI Holdings LLC, and secured the buyer, an undisclosed company based in Texas.