Fondren Southwest Village
Chapman Market
July 1, 2016
Alameda Square
May 1, 2015

Description

  • 283,316 sf
  • Built in 1978 – 1992
  • Advisory Role

Investment Rationale

  • Strong in-place cash flow, almost $3 million of NOI, with upside yield
  • 96% occupancy with strong tenant mix and prominent lineup of national and regional retailers
  • Stabilizing trade area and desirable location on Fondren Road with over 100,000 cars of traffic every day
  • Targets Millennials including the growing Hispanic demographic, comprising more than 50% of the area population