| Whitestone buys No. 3! Pays $37M for Quinlan Crossing retail | Whitestone buys No. 3! Pays $37M for Quinlan Crossing retail | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=7582 | 2015-08-31T05:00:00Z | 2015-09-01T13:00:00Z | AUSTIN - Whitestone REIT has put more money on the line in the Austin
market with the acquisition of Quinlan Crossing retail center. The
Houston-based real estate investment trust plunked down $37.5 million
for the 109,892-sf shopping center near Steiner Ranch in the far
northwest Austin submarket. Earlier this summer, Whitestone
purchased Parkside Village North and Parkside Village South, retail
centers at Circle C Ranch in the far southwest Austin submarket for $45
million. The company also purchased Davenport Village, a large
retail center near the Pennybacker Bridge on Capital of Texas Hwy. The
three acquisitions account for 356,000 sf. Quinlan Crossing at 5145 N. FM 620 was 95 percent leased at the time of sale. | Austin Business Journal
| Austin-Round Rock
| Retail
| http://www.bizjournals.com/austin/blog/real-estate/2015/08/houston-reit-spends-millions-on-third-upscale.html | | | Stay up to date! See Austin-Round Rock Market Research | Read more at the {Source} |
