Cypress, Texas — Headwall Investments has acquired Cypress Creek Village, a 28,566-square-foot retail center located in Cypress, approximately 25 miles northwest of Houston. Built in 2001 on nearly 4.5 acres, Cypress Creek Village was 82 percent leased at the time of sale to tenants including Pure Barre, Pizza Hut, Starbucks Coffee, Nathalie’s Donuts, Taco Palenque and Tuscano Italian Kitchen. Dillon Hurley of Argali CRE represented the buyer in the transaction. Shea Petrick, Erin Lazarus Myer and Kelly Anna Geiser of JLL represented the undisclosed seller.
This transaction marks the firm’s 20th shopping center acquisition in its unanchored neighborhood shopping center platform, which includes additional properties in Texas markets such as Austin, Dallas-Fort Worth, Houston and San Antonio.