April 1, 2007
Randall’s signs renewal at Williams Trace Shopping Center

 

April 1, 2007--NDC Capital Partners, LLC announced the signing of a long-term lease renewal with Randall’s Food Markets at Williams Trace.  Williams Trace, a retail shopping center, is located in Sugar Land, TX, the southwestern part of the Houston metropolitan area.  At acquisition, the value-add investment strategy was focused on the renewal or re-leasing of the six major tenants, many of which had below-market renewal options in their leases.  Randall’s, which is wholly owned by Safeway Incorporated, occupies 19% of the center’s total square footage.  This particular location is a flagship store, which incrementally stocks higher-end merchandise.