Fidelis Realty Partners announced on Mar. 10 the acquisition of Baybrook Village, a 278,842-square-foot shopping center in Webster, Texas. The purchase was made from a partnership between O’Connor Capital Partners and Wafra, with the transaction closing late last year and recently announced by CBRE.
The acquisition is significant as it expands Fidelis’s holdings in the Baybrook retail corridor. The company already owns the adjacent Baybrook Square, further strengthening its presence in one of Texas’s busiest retail areas.
Baybrook Village is located at 1507 West Bay Area Boulevard and sits across from Baybrook Mall in unincorporated Harris County. The property has a reported occupancy rate of 99 percent and features major tenants such as Burlington, Havertys, PetSmart, Chuck E. Cheese, and PGA Tour Superstore. The PGA Tour Superstore joined the tenant roster in 2024 after replacing Fresh Market and Pottery Barn.
CBRE’s Mark Witcher represented the sellers along with Jolie Duhon, Jim Batjer, Chris Cozby, and Harrison Tye. Brent Crawford and John Fenoglio of CBRE arranged financing for Fidelis. Following the change in ownership, Carson Wilson of Fidelis took over leasing responsibilities for the property; previously this role was managed by Wulfe & Company for O’Connor and Wafra.
The area surrounding Baybrook Village attracts more than 45 million annual visits according to CBRE data, making it one of Texas’s most trafficked retail nodes. Recent developments nearby include new commercial projects like Baybrook East anchored by H-E-B and residential plans such as the Midline master-planned community that will bring up to 2,800 homes to land adjacent to the mall.
Baybrook Village was originally developed in 1991 by CDC Houston—a subsidiary of Coventry Development Corporation—which has owned land near the site since the 1960s.
