Houston: $23 million sheds light on Lantern Lane sale

HOUSTON – AmREIT acquired Lantern Lane Shopping Center, an 81,567-sf Fresh Market and CVS/Pharmacy anchored shopping center, for approximately $22.7 million.

Average household incomes within a one-mile radius of Lantern Lane are over $163,000.

There are approximately 62,000 households and over 95,800 daytime employees within a three-mile radius of the property.