I have client that is looking for strip/shopping centers in Houston. Off market/REOS/Short Sales. Preferably SW side. 10,000-50,000 sf, $500k-$1m. Cash buyer, can move very quickly.
We represent an owner and developer that owns 11 shopping centers in the Houston area. All are mostly 100% occupied. Not a distressed situation but he builds centers and has identified his next site. These centers vary in value from 2 million to 6 million. All have assumable low interest debt. We are direct and these are not on the open market.
If you are interested and are direct with the buyer, I can send you the backup package.