Retail

TriGate Capital completes the acquisition of The Shoppes at Parkwest

TriGate Capital, LLC, (“TriGate”) a leading real estate investment manager, announced that it recently acquired The Shoppes at Parkwest, a dominant retail center located in Katy, Texas, within the Houston MSA. The Property is strategically located at the intersection of I-10 and the Grand Parkway (99), making it easily accessible to residents of Katy and the surrounding areas.

The Shoppes at Parkwest is a 250,000 square foot retail property boasting a lineup of best-in-class tenancy catering to the strong demographics of Katy. The Property, anchored by Dick’s House of Sport, is located in one of the fastest growing submarkets in the region and provides a robust lineup of quality tenants.

"TriGate could not be more excited to announce our ownership of Parkwest," said Tom Andrews, Vice President of TriGate Capital. "We look forward to entering the vibrant Katy market and offering a high-quality retail experience for all surrounding residents."

TriGate will retain The Retail Connection for leasing and management.

The Shoppes at Parkwest is TriGate’s fourth large-format retail acquisition since 2021 and continues TriGate’s strategy of acquiring high-quality assets where the company can add value through capital investment and focused management. TriGate is currently investing its fourth fully discretionary fund and is actively seeking new opportunities.

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