Houston, TX. (December 2008) -- Grubb & Ellis Company (NYSE: GBE), one of the leading providers of integrated real estate services, announced that it represented Regency Centers in the sale of South Shore Marketplace, a ±32,012-square foot grocery shadow-anchored shopping center in Leaque City, Texas. The 96% occupied center was purchased by Dunill Partners, Inc., a Texas corporation.
|
• |
Shadow-anchored by Kroger grocery, the center is comprised of a ±27,937-square foot multitenant building and a ±4,075-square foot Chase Bank ground lease. |
| |
|
|
|
|
• |
The center is located at the northeast corner of League City Parkway (SH 96) and South Shore Blvd. approximately 25 miles southeast of downtown Houston. |
| |
Specializing in retail investment sales, George Cushing and Wendy Vandeventer in the Houston office of Grubb & Ellis Company exclusively represented the Seller. |
|
