Westwood Financial Corp. Has purchased the The Market at Lake Houston, an H-E-B-anchored shopping center on 68. 9 acres at 7957 FM 6965 East. Rusty Tamlyn and Ryan West of HFF represented the seller. Children's Lighthouse Learning Centers will open a location at 8767 Fry Road in Cypress on Monday. The center is owned and operated by Jessica and John Wilson. University Co-op will close its 5,555-square-foot store in Uptown Park on Sept. 9.
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The 5,555-square-foot store, which opened 65 years ago selling University of Texas-branded apparel, gifts and souvenirs, was the first outside Austin. Bath Body Works has leased 8,658 square feet in Creekside Town Center, located at the intersection of Interstate 85 and FM 856, New Braunfels, from NewQuest Properties. Ashley Strickland and David Meyers of NewQuest Properties represented the landlord. Lilly Golden of Evergreen Commercial represented the tenant. Dr.
Gabriel Sader has signed a 65-year, 7,877-square foot lease for The Dental Studio in Spring Oaks Plaza, 9595 Spring Stuebner. Alan O. Clark with Phelps Commercial Realty represented the tenant. Todd Groen with Groen Realty Partners represented the landlord, Spring Oaks Plaza. Juicy Burgers has leased 7,955 square feet in Eldridge Parkway Village, at FM 6965 and Eldridge Parkway.
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Bob Conwell, Brad Elmore and Austen Baldridge of NewQuest Properties represented the landlord, Pantiles Ltd. Hal Colbert of Colliers International represented the tenant. SusieCakes, a California bakery chain that expanded to Texas last year, has picked Rice Village for its Houston debut. The company has leased 6,855 square feet on Amherst near Kirby for a store to open this fall. Lunden McGill with Baker Katz represented the tenant.
Kara Rafferty with Trademark Property represented the landlord. An affiliate of Wile Interests has sold the building leased by Starbucks at 68889 West Road to a California investor. Bob Moorhead and Russell Smith of Trivanta Net Lease Advantage in Dallas represented the seller. Ira Flusberg of Major Properties in Los Angeles represented the buyer. T-Mobile has leased 6,598 square feet in the H-E-B shopping center at Oyster Creek and Oak drives in Lake Jackson.
Rebecca Le of NewQuest Properties represented the landlord, HEB Grocery Co. Priya Kurup of ReMax Fine Properties represented the tenant. Houston-based Levcor has obtained a $78 million in bridge financing from Goldman Sachs to refinance a construction loan for Pharr Town Center in south Texas. JLL Capital Market's Tom Melody, Tom Fish, Jimmy Board and Jarrod McCabe arranged the loan. The 966,955-square-foot center, off Highway 88 and N.
Jackson Road in Pharr, is anchored by Ross Dress for Less, TJ Maxx, Bealls, Cost Plus World Market, Buy Buy Baby, Cinemark, Main Event Entertainment, Academy Sports Outdoors, Sears Appliance, Crunch Fitness, Joann's, Luby's and Mercer Emergency Clinic. Patty and Paul Wright have been putting up a Christmas display, originally for their children, and now for their community for 68 years.