Sprouts Farmers Market

JLL Arranges Sale of Retail Property Leased to Sprouts in Suburban Houston

by Abby Cox

Richmond, Texas — JLL Capital Markets has arranged the sale of a newly constructed, 23,256-square-foot retail property leased to Sprouts Farmers Market in Richmond, a southwestern suburb of Houston. Sprouts anchors Waterview Town Center, a 143-acre mixed-use development that will feature more than 1 million square feet of retail space upon completion. JLL represented the seller, GBT Realty, in the transaction. JRW Realty represented the buyer, Southern California-based ExchangeRight.

Sprouts Farmers Market — which is on track to open 35 locations in 2025 — also has 130 approved stores in its pipeline with long-term plans to expand to 1,400 locations nationwide.

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