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El Tiempo Cantina trades hands - Colliers & Blue Ox broker sale of iconic Houston restaurant

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HOUSTON - eTradeWire -- Colliers is pleased to announce the successful transaction of the El Tiempo Cantina at 3130 Richmond Avenue in the Upper Kirby/Greenway Plaza area in Houston, Texas. The seller was represented by Josh Jacobs of Blue Ox. Todd Moore, Walker Ryan and Connor Duffy of Colliers represented the buyer.

"We are extremely pleased to have helped our client secure a true Houston landmark as part of their investment portfolio," said Todd Moore of Colliers.  "The restaurant has been successfully operating at this location for 25+ years and they recently extended their lease which drove value for both the buyer and seller," added Walker Ryan of Colliers.

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El Tiempo has had a strong following for 25+ years since opening in Houston in 1998. Located in the heart of the Upper Kirby/Greenway Plaza area, the property is surrounded by affluent demographics, many offices, local businesses, established neighborhoods and several major retailers. Within five miles of the property there are more than 44,000 businesses, 726,000 employees and 286,000+ homes.

Read the full article here: https://www.colliers.com/en/news/houston/el-tiempo-2023-08-09

Crystal Kingsbury

Source: Colliers | Houston
Filed Under: Real Estate

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