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Bracewell Represents Canyon Partners LLC in $200 Million Acquisition of Houston Pavilions

HOUSTON — Bracewell & Giuliani LLP represented Canyon Partners LLC in the $200 million acquisition of Houston Pavilions, a mixed-use complex. Investment manager Canyon Partners LLC is partnering with basketball legend Earvin “Magic” Johnson in a private equity venture, one that has teamed up with Texas developer Midway Cos. for this particular acquisition.  

Houston Pavilions, a commercial and retail complex spanning three city blocks in downtown Houston, was purchased out of receivership. The property entered receivership in December 2011.

The Bracewell team for this transaction included:

Partners: Clark G. Thompson and Aaron P. Roffwarg

Associates: Jeffrey H. Gilbert, Mona M. Guidry and Kristen A. Wong

Paralegal: Melodye A. Glina