REBusinessOnline

COLLIERS BROKERS SALE OF SCHERTZ RETAIL PLAZA

SCHERTZ, TEXAS — The Houston office of Colliers International has brokered the sale of Schertz Retail Plaza, a 19,681-square-foot retail property located in Schertz. Situated on 2.25 acres at 6000-6008 FM 3009, near Interstate 35 and the intersection entrance to a Wal-Mart Supercenter, the property was constructed in 2006. It was 93 percent occupied at the time of closing by a tenant roster that includes JPMorgan Chase, TriCounty Dental, D Wine Spirits, Great Clips, GameStop, Ace Cash, EmbroidMe and Touchtel Wireless. Christopher Winters of Colliers represented the seller, SDI Realty. The property was purchased by New Mexico-based Schertz Retail Plaza LLC in a 1031 exchange. The acquisition price was not disclosed.

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