BEE CAVE - The Hill Country Galleria shopping center has been purchased by the California State Teacher’s Retirement System as part of a larger transaction.
The shopping center is located near SH 71 and Ranch Rd. 2244 and is currently 95 percent occupied, according to leasing brokerage The Weitzman Group.
The shopping center, which is anchored by Dillard's, Whole Foods Market Inc. and Dick's Sporting Goods, originally was developed by Opus West Corp. based in Phoenix. Opus was liquidated in bankruptcy and the mall was sold at auction in 2010.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.