Continental Realty Corporation (CRC) acquired Commons at Willowbrook, a 442,000 square foot open-air regional power center. Located at 7502-7540 W. FM 1960, the asset features approximately 32 retailers and restaurants and was 75 percent leased at the time of the transaction. Barry Brown and Ryan West of JLL Houston represented the seller.

Built in 1985 on a nearly 39-acre site at Highway 249 and FM 1960, opposite Willowbrook Mall, the Commons at Willowbrook features national and local retailers, professional services, and quick-serve dining options, including Chipotle, DSW, Five Below, and Starbucks Coffee. Other tenants include Academy Sports & Outdoors, Marshalls, HomeGoods, Michaels, Ross and Total Wine & More. One of the group’s immediate goals is to fill a vacancy when Conn’s HomePlus declared bankruptcy.

“We intend to target retailers, food and beverage operators, educational users, healthcare clinics, and other groups that will strengthen tenant mix and create long-term value for the asset and the surrounding community,” added CRC’s Blake Dickinson.