Two Vista Companies partnerships acquire two Houston-area properties.
FOR IMMEDIATE RELEASE
August 6, 2020
Contact: Raquel Hernandez
The Vista Companies
Houston (August 6, 2020) – The Reserve at Grand Parkway, Ltd. and Vista Clear Lake Ltd., both real estate investment partnerships sponsored by The Vista Companies, have acquired two retail and office properties totaling 30,061 SF at the intersection of Clear Lake City Boulevard & El Camino Real in Clear Lake. The two properties are 95% leased and include JSC Federal Credit Union, NVA Bay Glen Animal Hospital, and Sukkar Aesthetic Surgery amongst others. James Bell of Marcus & Millichap represented the Seller, Visionary Investors, Ltd, and the closing of the transaction was handled through Lesley Mann of Charter Title Company. Acquisition financing was provided by Jasmine Sadeghpour at Frost Bank.