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February 21, 2018  

Center Offered in Upmarket Houston

Fidelis Realty is marketing a grocery-anchored shopping center in an affluent section of Houston.Tanglewood Court, a 126,000-square-foot property in the Galleria/Uptown submarket, is expected to fetch $74 million. At that valuation, a buyer’s initial annual yield would be 5% to 5.25%. HFF is marketing the fully leased property for Fidelis. The Bellaire, Texas, firm is pitching a full interest in the property, but is willing to sell a...

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