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Houston, TX. (June 2008) -- Grubb & Ellis Company (NYSE: GBE), one of the leading providers of integrated real estate services, announced that it represented Weingarten Realty Investors in the sale of Northway Center, a 215,887-square foot shopping center in near Northwest Houston. The 96% occupied center was purchased by an entity of Utah-based Satterfield Helm Management, Inc.
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Anchored by Academy, Conn's Appliances, OfficeMax and Goodwill Industries; over 81% of the center's GLA made up of national/regional tenants. |
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The center is located at the southwest corner of U.S. 290 and 34th Street in Houston's near northwest sector, approximately 8 miles from downtown Houston. |
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Specializing in retail investment sales, George Cushing and Wendy Vandeventer in the Houston office of Grubb & Ellis Company exclusively represented the Seller. |
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George Cushing
Senior Vice President
Institutional Investment Group
713.599.5165 direct
713.626.2288 fax
Wendy Vandeventer
Vice President
Institutional Investment Group
713.599.5194 direct
713.626.2288 fax
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Grubb & Ellis Company
1330 Post Oak Blvd. Suite 1400 • Houston, Texas 7756
713.626.8888 • fax 713.626.2288
www.grubb-ellis.com
Grubb & Ellis Company is one of the world’s leading full-service commercial real estate organizations, providing a complete range of transaction, management and consulting services. By leveraging local expertise with our global reach, Grubb & Ellis offers innovative, customized solutions and seamless service to owners, corporate occupants and investors throughout the globe. For more information, visit the Company's Web site at www.grubb-ellis.com
If
you prefer that your name be deleted from property emails, kindly email
us
at wendy.vandeventer@grubb-ellis.com
with "remove" in the subject line. |
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