Retail Development
Cypress Springs Plaza
- Location
- Houston, TX
- Size
- 11,750 Sqf
- Deal Type
- Acquisition
- Strategy
- Core+
- Year
- 2022
- Net Investor Return
- 55%
- Net Annual Return
- 37%
- Hold Period
- 1.44 Yrs.
- Equity Multiple
- 1.55x
Developed asset on an attractive basis with long-term leases. Exited during Covid to a new Core+ investment group.