Independence Plaza sold in Laredo to ...Independence Plaza sold in Laredo to ...https://www.recenter.tamu.edu/news/newstalk-texas/?Item=68362013-07-12T11:21:00Z2013-07-12T10:00:00Z

LAREDO - Independence Plaza, a 324,000-sf grocery-anchored power center, has been acquired by Weingarten Realty Investors. Independence Plaza is 96 percent leased.

The grocery anchor is a 147,324-sf H-E-B Plus. Other major tenants include T.J. Maxx, Hobby Lobby, Ross, Ulta, Petco, Wells Fargo and Chili’s.

Built by the seller in phases between 2007 and 2013 on 39.6 acres, the property is located at 1911 Bob Bullock Loop just off Interstate 35.

The Laredo MSA has the largest job growth forecast in the nation over the next ten years. The region benefits from jobs created by natural gas exploration in the Eagle Ford Shale Formation and the Port of Laredo which is the nation's largest inland port and handles 60 percent of all U.S. trade with Mexico.

Source: Business Wire

http://www.businesswire.com/news/home/20130701005279/en/weingarten-realty-reports-strong-transactional-activity-quarterRead more at {Source}

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