Global Fund Investments Sells Beechcrest Shopping Center

Global Fund Investments LLC of Florida struck a deal with Wu Investments to sell Beechcrest Shopping Center, an 89,679-square-foot retail center in Houston’s southwest submarket. The property, situated on 7.2 acres at 10828 Beechnut St., is 100% leased to a variety of local and national tenants, including Wazobia African Markets, DD’s Discounts, Dollar General, Lone Star Title, Pizza Hut, Lu-Ann Furniture, Holman Medical, Liquor Store 4, Ace Dry Cleaners, Tacqueria El Charro, N’Joi Coffee & Tea and Jolynn’s Crawfish.

Ryan West, John Indelli, Charles Strauss and Ethan Goldberg with HFF represented the seller in the transaction, putting an end to Global Fund’s 13-year hold on the asset. “Beechcrest Shopping Center has the perfect tenant mix for its dense surrounding population, and this asset will be a great addition to Wu Investment’s portfolio,” West said.

Photo courtesy of Mabry Campbell

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