HUNINGTON PROPERTIES ARRANGES 20,000 SF RETAIL PROPERTY SALE IN KATY

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KATY, TEXAS — Hunington Properties Inc. has brokered the sale of the Shops at Fry, a 20,000-square-foot shopping center in the Houston suburb of Katy. Located at the intersection of Fry Road and West Little York Road, the property was 88 percent leased at the time of the sale. Sandy Aron and Todd Carlson of Hunington Properties marketed the asset on behalf of the seller, a local private developer. A Hawaii-based investor purchased the center as part of a 1031 tax-deferred exchange.

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