WEINGARTEN SELLS 9.2 ACRES OF CLAYPOINT DISTRIBUTION PARK

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Houston — Weingarten Realty has sold approximately 9.27 acres of the company’s ClayPoint Distribution Park to YHR Partners. YHR Partners purchased the parcel, which includes 200,850 square feet of recently developed improvements, on behalf of Spec’s Wines, Spirits & Finer Foods. ClayPoint Distribution Park is located northwest of downtown Houston on the corner of Clay Road and Hempstead Highway, and it includes 360,000 square feet of newly constructed warehouse space in addition to a 330,891-square-foot distribution facility that previously existed on the site. Mary Jo Giammalva of Weingarten Realty provided in-house representation for Weingarten in the transaction; Saverio Giammalva of Saverio Giammalva Properties represented Spec’s.

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