98,000-SF Palmer Plaza sells in Texas City98,000-SF Palmer Plaza sells in Texas Cityhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=108162015-10-14T05:00:00Z2015-10-14T19:00:00Z

​​TEXAS CITY - Palmer Plaza, a 98,000-sf shopping center, has been sold to Houston-based Edifis Group.

Palmer Plaza — next to a new HEB grocery store — is located about 15 miles north of Galveston on FM 1764 at SH 146

“We feel there is an excellent synergy with the new HEB being introduced to the area and an opportunity to redevelop, upgrade, and modernize the center," said Josh Aruh, founder of Edifis Group.

The seller was Weingarten Realty, a Houston-based REIT.​​

Realty News Report
Houston-The Woodlands-Sugar Land
http://realtynewsreport.com/2015/10/13/edifis-group-buys-retail-center-from-weingarten/Read more at {Source}

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