VESTAR, UBS ACQUIRE DEERBROOK MARKETPLACE IN HUMBLE

HUMBLE, TEXAS — A joint venture between Vestar and a fund advised by UBS Global Asset Management has purchased Deerbrook Marketplace, a 350,000-square-foot retail center located in Humble. The all-cash transaction was Vestar's first purchase in Texas. The retail center's tenant roster includes Sports Authority, Best Buy, Bed Bath & Beyond, Marshalls, OfficeMax, PetSmart and Old Navy. George Cushing and Wendy Vandeventer of Jones Lang LaSalle represented the seller, Investcorp, in the transaction. Vestar was self-represented.