HOUSTON – 1st Emporium Inc., the retail arm of Mehta Investments, bought the Macy's at West Oaks Mall from Macy's Retail Holdings Inc.
Mehta Investments will redevelop the 243,337-sf store into the Outlet at West Oaks. The new store will open in the next few months and offer "outlet-priced clothing and goods," according to a CBRE announcement. Mehta also owns the rest of the mall.
CBRE represented Macy’s Holdings. Mehta was self-represented.
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