Texas

SUGAR LAND, TEXAS — Marcus & Millichap has brokered the sale of a 29,400-square-foot retail center in the southwestern Houston suburb of Sugar Land. Known as Synott Flex Retail Center, the property comprises three buildings that were constructed on a 2.3-acre site in 2024. The center was fully leased to seven tenants at the time of sale. Philip Levy, Allie Munday and Adam Abushagur of Marcus & Millichap represented the seller in the transaction, and Levy and Munday also procured the buyer. Both parties were private investors that requested anonymity.

FORT WORTH, TEXAS — Locally based owner-operator Trademark Property Co. has sold Waterside, a 157,791-square-foot shopping center in southwest Fort Worth. Trademark debuted Waterside, the site of which originally served as a recreational facility for General Dynamics (later known as the Lockheed Martin Recreation Association), in 2016. Whole Foods Market anchors the center, which was 98 percent leased at the time of sale. Other tenants include REI, Tricky Fish and First Watch. Chris Gerard, Barry Brown, Erin Lazarus and Andrew Griffin of JLL represented Trademark, which sold the property in partnership with Swift Creek Real Estate Partners LLC, in the transaction. The buyer was The Georgetown Co. LLC.