KINGWOOD - The 164,366-sf Kingwood Commons, located on Kingwood Dr., was bought in a portfolio by Kite Realty. The Commons, along with the 372,506-sf Portofino shopping center in Shenandoah, were part of nine properties in a $307 million purchase.
Built in 2000, Kingwood Commons is anchored by Randall’s and Petco.
Kingwood Commons is 21 miles northeast of downtown Houston and seven miles northeast of George Bush Intercontinental Airport.
The other properties are located in Florida, Georgia and Alabama.
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