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Colliers International announces the sale of a 83,000 SF medical office and retail property in Cypress, Texas

Medical/Retail Sold.

Colliers International is pleased to announce the sale of Fairfield Plaza, a 83,000 square foot multi-tenant medical/retail property at 15103 Mason Road in Cypress, Texas. The seller, Radler Limited Partnership, was represented by David Carter of Colliers International. Beth Young, also with Colliers International, represented the buyer, Woodside Health.

 

The five building property sits on ±9.39 acres in the northwest submarket of Houston. It was built in 2014 and is 93% leased by medical and retail tenants.  

Fairfield Plaza_3


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Beth Young

Senior Vice President

Houston

Beth Young is a real estate advisor to health systems, private and institutional investors, and users of medical facilities. She specializes in dispositions, acquisitions, marketing, asset valuation, contract negotiations, and leases of medical and investment properties. 

Prior to joining Colliers, Beth was Vice President of the Investment Services Group of the former Grubb & Ellis Company where she specialized in the sale of investment properties including office, medical, retail and industrial buildings, and was a member of the Healthcare Practice Group. From 1996 to 2002, she served as Vice President of Corporate Services for The Staubach Company, now JLL.

Beth has served in numerous executive positions on the Boards of the Houston/Gulf Coast Chapter of CCIM, the National Board of the CCIM Institute, CREW, CoreNet Global, and the Greater Houston Women’s Chamber of Commerce.  In 2002, she was the first female to be elected President of the Houston/Gulf Coast Chapter of CCIM. In 2003, she was presented with the Presidents’ Cup Award, the international award for outstanding achievement and leadership by a chapter president. In 2003 and 2004 she was elected Regional Vice President of CCIM’s Region Four over Texas, Louisiana and Oklahoma.  

Beth is a Director of the Greater Houston Women’s Chamber of Commerce and has served since 2011. She is the Chamber Liaison with the Texas Medical Center; and has been recognized and presented with many awards including the Chamber’s Volunteer of the Year, President’s Key Supporter Award, the first Role Model Award and the Committee Chair Award. Beth is a Trustee and Assistant Secretary on the Harris County Hospital District Foundation Board and is Chairman of the Small Grants Committee. She has also served on the boards of the American Heart Association and the War Against Drugs. In addition to being an industry speaker at conferences, she regularly writes healthcare property articles that have been published by GlobeSt.com, Knowledge Leader, the Houston Medical Journal, Texas Real Estate Business, REDNews, Commercial Investment Real Estate magazine for the CCIM Institute, CREW White Papers, the Houston Chronicle, and the RCA Report for the National Association of Realtors. 

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David Carter

Principal & Director

Houston

David Carter, Principal, Director and sits on the Governance Council. Titans Award recipient for top revenue producer and Everest Award recipient for top production across the enterprise. Carter specializes in the areas of brokerage and investment sales of office, flex and industrial buildings. Carter has successfully represented an extensive client base in dispositions, sale leaseback, build to suit, joint ventures, partnership structure, acquisitions and development.

Expertise, knowledge and commitment to clients are Carter’s skill set that allow his clients to make critical decisions with the right information, delivering valuable real estate solutions to grow their business.

Carter has consistently been recognized as a Houston top producer in commercial real estate since 1997 and has earned the professional designations of Certified Commercial Investment Member (CCIM) and Society of Industrial and Office Realtors (SIOR), President in 2009.

He is a member of NAIOP and licensed real estate broker in the State of Texas, holds a Bachelor of Business Administration degree specializing in Finance from Sam Houston State University and is a member of Sigma Chi Fraternity.

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