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Continental Realty Corp<\/a>., a Baltimore-area real estate<\/a> investment and management company, announced its expansion into the Houston<\/a> retail market with the acquisition of Commons at Willowbrook.\n<\/p>\n The 442,000-square-foot open-air regional \u201cpower center\u201d features roughly 32 retailers and restaurants, including Academy Sports & Outdoors, Marshalls, HomeGoods, Michaels, Ross and more.\u00a0\n<\/p>\n Built in 1985 on nearly 39 acres, the Commons at Willowbrook also features professional services and attracts 4.3 million customers from a 15-mile radius every year, CRC noted in a statement.<\/p>\n \u201cCommons at Willowbrook is an institutional-quality, irreplaceable asset positioned within one of the most robust retail nodes in Houston,\u201d CRC executive Josh Dinstein said.\u00a0\n<\/p>\n \u201cThe center features multiple high-performing anchor tenants and several value-add opportunities based on existing vacancies and below-market rental rates, as well as other operational efficiency measures we plan to implement.\u201d\n<\/p>\n Boasting what real estate industry leaders refer to as a diverse inventory of nearly six million square feet of retail space, Houston\u2019s Willowbrook submarket demonstrates ongoing resilience and potential, according to CRC.<\/p>\n \u201cWe intend to target a variety of dynamic concepts including first-class retailers, food and beverage operators, educational users, healthcare clinics, and other groups that will strengthen tenant mix and create long term value for the asset and the surrounding community,\u201d Dinstein added.<\/p>\n","protected":false},"excerpt":{"rendered":"Listen to this article Continental Realty Corp., a Baltimore-area real estate investment and management company, announced its expansion…\n","protected":false},"author":2,"featured_media":50538,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[28561,56,58,57,111,3773],"class_list":["post-50537","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-continental-realty-corp","tag-houston","tag-houston-headlines","tag-houston-news","tag-real-estate","tag-shopping-center"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/50537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=50537"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/50537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/50538"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=50537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=50537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=50537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}