CHAPEL HILL, N.C., Dec. 12, 2025 — Prudent Growth Partners, LLC—a private equity real estate firm with bases in Chapel Hill and Charlotte, North Carolina—has finalized its $5.75 million purchase of Baker Cypress Marketplace, a 47,364-square-foot retail hub in Houston, Texas.
The property’s strong location in a bustling retail district makes it an excellent addition to Prudent Growth’s portfolio. Baker Cypress boasts 94% occupancy, houses 10 tenants with staggered lease end dates, and offers a balanced mix of lifestyle businesses and service providers. The previous owners have maintained the property well, with no major deferred maintenance requirements.
Baker Cypress Marketplace sits at the intersection of FM 529 and Barker Cypress Road—an area that sees a total of 67,000 vehicles pass by daily. The property is easily reachable via six convenient entry points and is highly visible from every direction. It is located two miles from Highway 6 and five miles from the Grand Parkway (Houston’s third and fourth loops), making it a great destination for visitors from other parts of the metro. The center is shadow-anchored by a well-liked Planet Fitness—ranked first among 12 local locations and in the top 20% nationwide. Major retailers nearby include Kroger, Ace Hardware, T-Mobile, Dollar Tree, Sprouts, Ross, Five Below, HomeGoods, Best Buy, Lowe’s, Target, Marshalls, Michael’s, Walmart, Goodwill, Taco Bell, Burlington, and others.
“We’re excited about our acquisition of Baker Cypress Marketplace—it’s exactly the type of well-situated, community-focused retail asset we look for. Houston, where the property is located, continues to show strong population growth and economic stability. This asset meets the daily needs of the local community while generating long-term value for our investors and tenants,” stated Tom Hahn, President and CEO of Prudent Growth Partners, LLC.
Prudent Growth Partners, LLC is a private equity real estate investment firm headquartered in Chapel Hill, North Carolina. The company targets properties often ignored by larger institutions—assets that deliver strong returns on invested capital, plus the potential for long-term capital gains through skilled management and future value growth.
SOURCE Prudent Growth Partners, LLC