Webster, Texas — CBRE has brokered the sale of Baybrook Village, a 278,842-square-foot shopping center located in Webster, approximately 20 miles southeast of downtown Houston. Mark Witcher, Jolie Duhon, Jim Batjer, Chris Cozby and Harrison Tye of CBRE’s National Retail Partners team represented the seller, O’Connor Capital Partners, in the transaction. Fidelis Realty Partners purchased the property for an undisclosed price. Brent Crawford and John Fenoglio, also with CBRE, arranged acquisition financing on behalf of the buyer.
Originally built in 1978 and renovated in 2020, Baybrook Village houses a mix of tenants including Burlington, Ross Dress for Less, PetSmart, PGA Superstore, Chuck E. Cheese, Haverty’s and pOpshelf. Baybrook Village is situated adjacent to Baybrook Mall, a 1.8 million-square-foot shopping center that features more than 170 shops and restaurants.