National REIT sells local H-E-B, more grocery deals in the works

An H-E-B-anchored retail center in northeast Houston traded hands this week. An H-E-B-leased retail property going on the market is a rarity, but this deal is far from the only noteworthy grocery-anchored retail sale in the works.

The 101,791-square-foot H-E-B at the Market at Lake Houston Parkway in Atascocita sold for an undisclosed price to Los Angeles-based Westwood Financial Corp., a grocery-facing REIT, according to statement from HFF.

Click to read more at Houston Business Journal.