Houston, TX. (July 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 River Pointe Center, a 45,407-square foot grocery-anchored shopping center in Conroe, Texas. The 96% occupied center was purchased by River Pointe Center, LP, a Houston-based investor.
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Shadow-anchored by Kroger and Incredible Pizza; 70% of the center's GLA made up of national/regional tenants. |
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The center is located at the northwest corner of I-45 and South Loop 336 West in Conroe, 40 miles north of 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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