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HOUSTON CHRONICLE - Mixed-use project to replace former Walmart in northwest Houston

8/1/2018

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A former Walmart Supercenter across from Willowbrook Mall is being redeveloped into a 235,627-square-foot mixed-use project.
Megacenter U.S., a subsidiary of Red Megacentro, broke ground earlier this year on the first phase of Megacenter Willowbrook, located on 24 acres at 7075 FM 1960. A 113,940-square-foot gym; 47,319-square-foot of industrial flex space and a 6,810-square-foot auto center is expected to be finished in Nov. 2019. The second and third phases will consist of self-storage and office space totaling 49,193 square feet and 25,266 square feet, respectively.

HFF debt placement team brokered financing for the redevelopment project, Megacenter's fifth in the U.S. The three-year, floating rate loan with Icon Bank will be used to fund the project's construction.
Megacenter has more than 40 locations throughout Chile, Peru, South Florida and Texas.

https://www.chron.com/business/retail/article/Mixed-use-project-to-replace-former-Walmart-in-13120807.php#photo-15946134

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