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FLOWER MOUND, TEXAS — InvenTrust Properties Corp. has acquired The Highlands of Flower Mound a 169,447-square-foot shopping center located in Flower Mound, for $45.8 million. Highlands of Flower Mound is 96 percent occupied, with 60 percent of its roster comprising original tenants. The center is shadow anchored by a Super Target and is leased to Bed Bath and Beyond, Cost Plus World Market, Stein Mart, Pier 1, Famous Footwear and Party City. InvenTrust became a self-managed REIT in 2014. The company owns 108 multi-tenant retail properties, comprising 15.5 million square feet of retail space in 24 states.