Fidelis has sold Willowchase Center, a 231,126-square-foot, Fiesta-anchored retail center in northwest Houston.
The sales price was not disclosed. Wu Properties acquired the asset.
Willowchase Center is anchored by market-leading Fiesta, a popular Hispanic supermarket chain headquartered in Houston. Willowchase Fiesta is the eighth-most trafficked in the chain of 60 Texas stores. The 97.22-percent-leased, best-in-class center is also home to a diverse tenant lineup that includes dd’s Discounts, Jo Ann Fabrics and Crafts, Goodwill, Northern Tool and Equipment, Mattress Firm, Family Dollar, America’s Best, Jamboree Dentistry and Metro PCS. A non-owned Rooms to Go also shadow anchors the property.
Situated on 19.53 acres at 12900-12974 Willowchase Drive, Willowchase Center is highly visible, seen by about 200,000 vehicles per day along State Highway 249. The center is within the northwest Houston trade area that includes 90,855 residents within a three-mile ra