Brixmor Property Group has sold Winwood Town Center, a fully leased 365,559-square-foot regional shopping center anchored by Target and H-E-B in the west Texas community of Odessa.
The financial terms were not disclosed; however, Fidelis Realty Partners LLC acquired the asset.
Completed between 1987 and 2002, Winwood Town Center is home to a mix of national tenants, including a rare Target lease, H-E-B, Ross Dress for Less, dd’s Discounts, Office Depot and Michaels. Additionally, the asset includes ground leases to Chick-fil-A, Taco Bell, BBVA and Jack in the Box.
Winwood Town Center is situated on 40.43 acres at 3801-3915 East 42nd St. at the epicenter of one of Odessa’s busiest intersections, 42nd Street and Grandview Avenue, exposing the center to more than 65,000 vehicles per day. Odessa is in Texas’ Permian Basin and part of the Midland-Odessa MSA, one of the fastest-growing regions in the United States over the past five years with more than 33 perce
