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HOUSTON, DALLAS AND SAN ANTONIO — Global Fund Investments, in a joint venture with Israeli-based The Phoenix, has acquired a 49 percent interest in a 22-property retail portfolio located in Houston, Dallas and San Antonio. The portfolio spans approximately 2.4 million square feet and is predominantly grocery-anchored shopping centers. Investcorp International will retain a 51 percent majority interest in the portfolio, which is 92.5 percent occupied to tenants such as H-E-B, Kroger, Walmart, Tom Thumb and Albertsons.