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Tag Archives: Weingarten

Tarantino Buys Retail Center from Weingarten Realty

HOUSTON-(Realty News Report) – Tarantino Properties has acquired Cypress Pointe, a 173,344-SF Kroger-anchored shopping center on FM 1960 in the Cypress area of Houston for about $25 million. JLL marketed the property on behalf of the seller, Weingarten Realty Investors, a Houston retail REIT traded on the New York Stock Exchange. Cypress Pointe is 99.1 percent leased and home to a ... Read More »

Weingarten Realty Sells Northbrook Shopping Center

HOUSTON – (Realty News Report) – Weingarten Realty has sold the Northbrook Shopping Center, a 174,181-SF grocery-anchored retail center in Houston, located at 5264 W. 34th Street. Houston-based Wu Family Trust purchased the retail center for undisclosed price. Northbrook Shopping Center is located in a densely populated area in Houston along US 290 with over 140,000 residents within a three-mile radius. ... Read More »

Vista’s Patty Bender – Q&A on Houston Shopping Centers: New Grocers, New Restaurants and Trends

HOUSTON – (By Michelle Leigh Smith) – Patty Bender, long time Houston-based executive in the shopping center industry, joined Vista Private Equity Group as a partner after a 33-year career with Weingarten Realty Investors. Vista Equities Group is part of the Vista Companies, a Houston-based real estate services group led by veteran  Texas developer Woody Mann. Vista focuses on the ... Read More »

Edifis Group Buys Retail Center from Weingarten

HOUSTON – Edifis Group, a Houston-based real estate development and acquisition company focused on retail centers, purchased Palmer Plaza, a shopping center located in Texas City, south of Houston. The seller was Weingarten Realty, a Houston-based REIT. The shopping center, situated next to a new HEB grocery store, is located on 8.42 acres and spans 98,000 square feet. “We feel ... Read More »

Weingarten Leaves the Warehouse Business, Selling 52 Properties for $382 Million

HOUSTON -Weingarten Realty Investors, a Houston-based REIT, has sold 52 industrial properties for $382.4 million, enabling Weingarten to focus solely on shopping centers. “The completion of this portfolio sale is a significant step in our previously outlined capital recycling initiative and effectively positions Weingarten as a pure-play retail REIT. We will continue our commitment in building shareholder value through the ... Read More »

Weingarten Selling Industrial Properties; Announces $382 Million Sale

HOUSTON – Weingarten Realty Investors announced the sale of 52 industrial buildings and warehouses as part of its move to sell off its industrial properties and focus only on retail centers. The Houston-based REIT will sell the properties to DRA Advisors LLC. The portfolio is comprised of 52 industrial  properties, aggregating approximately 9.6 million square feet located in   Florida, Georgia, Tennessee, ... Read More »

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