Shopping Center in Greater Houston Metro Trades Hands

Edge Capital Markets (“Edge”) brokered the sale of Wharton Shopping Center located at 10314 & 10292 US Highway 59 in Wharton, TX. Micha van Marcke, CCIM and Ryan Holliday of Edge represented the Seller. Wharton Shopping Center is a value-add, 15,070 square foot shopping center comprised of a multi-tenant strip center and a freestanding restaurant pad. The property is shadow-anchored by Walmart Supercenter and is across the street from Buc-ee’s, two high-volume traffic generators that provide a regional draw. With a highly visible location along I-69/U.S. 59, the property benefits from exposure to 28,000 cars per day as well as immediate access to nearby major employers. The property received significant interest from regional and national bidders and was ultimately sold in a competitive live bid event.