December 16, 2021

Brazos Mall Sold

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the sale of an Atlantic Creek affiliate’s interest in Brazos Mall (“Brazos” or the “Property”) on December 16, 2021. An affiliate of Atlantic Creek and its joint venture partners (the “JV”) acquired Brazos in October 2015. The Property is comprised of a one-level enclosed regional shopping mall containing approximately 680,000 square feet (“sf”) of gross leasable area; of this total, approximately 572,000 sf was acquired as one of the Property’s anchor tenant buildings (Dillard’s) was not included in the sale.

The Property is situated on an approximately 43-acre site and is located at 100 Texas Highway-332 East, the main thoroughfare in Lake Jackson, TX. It is in the desirable area known as Brazosport, approximately 40 miles south of Houston, recognized for its high concentration of chemical, energy, and technology companies including Dow Chemicals, Airgas, BASF, Chevron Phillips, and Phillips 66.

Atlantic Creek has offices in New York, NY and Palm Beach, FL and targets direct and joint venture investments in opportunistic and value add multi-family, office, and other property types primarily located on the East and West Coasts of the U.S., Texas, and other select U.S. markets.

For further information on new acquisitions and joint venture opportunities, please contact Jon Trucano, Senior Vice President, at (561) 275-7702.