Partners Picks Up Three-Property Houston Retail Portfolio

Partners Capital acquired the Highway 6 Retail Portfolio, a three-property, 116,143-square-foot collection of neighborhood retail centers located near the intersection of Highway 6 and U.S. Hwy 290 in northwest Houston, TX. The transaction marks Partners Capital’s third Opportunity Fund VI acquisition, and the second retail investment made through the vehicle.

The portfolio comprises Town Square Shopping Center, The Exchange Shopping Center, and Boardwalk Shopping Center, three multi-tenant neighborhood centers situated in close proximity to one another along Highway 6 in northwest Houston.

The seller, the David Weekley family, was represented by JLL’s John Indelli and Zamar Salas.

This Partners Capital investment follows the acquisition of Colonnade of McAllen, a fully occupied 41,041-square-foot neighborhood retail center in McAllen, and Fund VI’s opening transaction, Powers Ferry Business Park, a 261,949-square-foot flex/service center in the Cumberland/Galleria submarket of Northwest Atlanta.

Partners Capital’s investment offerings, including Opportunity Fund VI, are made available exclusively to qualified investors through Partners Finance.