HOUSTON — CBRE has arranged the sale of three shopping centers in the Greater Houston area totaling 313,344 square feet. The properties include Northwest Village in Houston, Fairway Centre III in Pasadena and The Plazas at Grand Parkway in Katy. Northwest Village is a 189,968-square-foot community center that is 90 percent leased. Houston-based Gordon Partners purchased the center from Denver-based Baceline Investments. Fairway Centre III is a 103,876-square-foot power center fully leased by Sports Authority, Conn's and Office Depot. Fidelis Realty Partners purchased the center from Trammell Crow Co. David Aaronson and Jeff Stein of CBRE secured the equity and debt for the transaction through a life insurance company lender. The Plazas at Grand Parkway totals 19,5000 square feet and is 83 percent leased. Houston-based Vista Equities Group purchased the center from Wellesley Hills, Mass.-based Sun Life Assurance Co. Kevin Holland, Chris Cozby and Chris Gerard of CBRE's National Retail Investment Group represented the sellers in the three transactions.
Fairway Centre III in Pasadena
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