WEINGARTEN SELLS TWO INDUSTRIAL PROPERTIES TOTALING 383,782 SQUARE FEET

HOUSTON — Weingarten Realty Investors has disposed of two industrial service centers in Houston totaling 383,782 square feet. In the first transaction, Weingarten sold Central Park Northwest, an eight-building flex complex situated on more than 18 acres at 2200-2502 Central Pkwy. and 4930 Dacoma. The complex contains a total of 283,182 square feet and was 81 percent leased at the time of closing. Rusty Tamlyn of Holliday Fenoglio Fowler represented Weingarten. The buyer was CC Realty Advisors. In the second deal, Weingarten sold a 100,600-square-foot service center located on 5.6 acres on TC Jester Boulevard, near Loop 610. Occupancy was approximately 90 percent at the time of closing. David Boyd of Boyd Commercial Real Estate Services represented Weingarten in the sale. Karen Stumbough represented the buyer, Jester Plaza, Ltd. The acquisition price in both transactions was not disclosed.