New Brookhollow Shopping Center underway
January 19, 2018 by Kim Hogstrom
The demolition is in full swing at the former Exxon campus off of Highway 290. A new shopping center is planned for the site. Photo by Betsy Denson.
Many Leader readers have noticed the destruction of Exxon’s former Brookhollow campus, at the corner of Dacoma St. and Highway 290. Currently, it looks like a war zone – but there is good news to follow. Fidelis Realty Partners will soon start the construction of its new Brookhollow Shopping Center on the spot, adding shopping and dining options to the area.
A partnership affiliated with Fidelis Realty Partners and Houston real estate investor Khaled Salem of Williamsburg Enterprises bought Exxon’s Brookhollow campus, located at 4400-4550 Dacoma St., in 2016 for approximately $11 million.
The 24-acre Brookhollow property is located at 4,500 Dacoma St. at the 290 feeder, just northwest of the Loop 610 split.
Fidelis is demolishing the old buildings to add a center containing more than 200,000 square feet of mixed-use retail outlets and restaurants, including some national names that they say are currently missing in the area. Most of Brookhollow’s leases are pending signatures but are likely to include a T.J. Maxx, Petco and Michael’s among others.
Fidelis Realty Partners specializes in providing services to commercial real estate assets. Its current portfolio consists of more than 10 million square feet of retail and restaurant space. The company serves about 60 properties in ten cities in four states: Texas, New Mexico, Louisiana, and Tennessee. The majority of the Fidelis properties are in the Houston metropolitan area where the company is headquartered.
At press time, Fidelis is not prepared to commit to an opening date for the Brookhollow Shopping Center. Stay tuned for updates.
Source: The Leader