SVN | J. Beard Real Estate - Greater Houston Completes The Sale Of Windcrest Village Square - Phase II Retail Strip Center in Magnolia

By: Liz Grimm
| Published 02/19/2024


MAGNOLIA, TX -- SVN | J. Beard Real Estate – Greater Houston completes the sale of Windcrest Village Square – Phase II, a 14,907-square-foot retail strip center at 9533 FM 1488 in Magnolia, TX. Located approximately three miles west of the intersection of FM 2978 and FM 1488, the newly constructed Class A shopping center is 100% leased by a mixture of leading national and regional tenants.

Advisor Rosa Dye of SVN | J. Beard Real Estate – Greater Houston represented the seller, Workhubusa. The buyer, Windcrest FM 1488 Center Holdings, LLC, was referred to Dye by out-of-state broker Don Maclellan with Farislee Investments.

“It was a pleasure to work with Workhubusa,” said Dye. “In 2023, I was assigned to assist with the leasing and sale of the newly constructed strip center. I enjoyed cultivating a unique tenant mix for my client’s one-of-a-kind investment opportunity. Due to the impeccable location and outstanding tenant mix, the center had several inquiries for purchase. We even obtained several backup offers, which proved to be an asset before closing. All in all, I’m very pleased with the results of the transaction. It was very rewarding to capitalize on the maximized value for my client as well as provide a unique investment opportunity for the buyer.”

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