A local private investor has acquired Briar Forest Plaza in an off-market transaction, according to a press release from NewQuest Properties, a commercial real estate company. Briar Forest Plaza is a retail plaza located at 13346 Briar Forest Drive, Houston, right outside Katy.
The 11,981-square-foot center is shadow-anchored by LA Fitness and surrounded by master-planned residential developments. Built in 2005 on 1.19 acres, the plaza is positioned at the intersection of Briar Forest Drive and Eldridge Parkway.
“Briar Forest [Plaza] has never had a vacancy since it’s been built. It’s a great location,” a NewQuest Vice President Kelley Workman said in a press release.