JLL arranges sale, financing for Houston retail center

JLL Capital Markets closed the sale and arranged acquisition financing for Rayford Village, a 19,950-square-foot, fully leased retail center in the north Houston-area suburb of Spring, Texas. JLL marketed the properties on behalf of the seller, BNS Rayford Partners, LP, represented by Adam Soffar and Rob Naggar. Additionally, working on behalf of the new owner, JLL placed the 10-year, fixed-rate acquisition loan with First Community Credit Union. Rayford Village comprises two adjacent buildings that are home to a variety of national and local retailers, including Cole Veterinary Services, SK Salon, Goodwill, Pizza Hut, Papa John’s, DC Cleaners and Nail Bar. Situated on 2.7 acres at 2725 and 2757 Rayford Rd, the property’s surrounding retail is one of the fastest-growing residential areas in Houston. Click to read more at