Overview

Fairmont Central (“Fairmont”) is a community retail center spanning approximately 30,000 square feet across multiple buildings in Pasadena, Texas. Acquired by Banyan in 2016 as a value-add opportunity, significant capital improvements were made. Over 35% of the tenant mix was re-tenanted to better serve the local community, transforming the center from housing a bank’s back office to hosting a high-traffic national retailer, revitalizing the previously outdated site.

The project was successfully divested in 2022.