Whitestone Acquires 216,944 SF Mixed-Use Asset in Houston for $158M

Whitestone reportedly acquired BLVD Place in Houston for $158 million. (Photo courtesy of LoopNet Inc.)

HOUSTON — Whitestone REIT (NYSE: WSR) has acquired BLVD Place, a 216,944-square-foot, mixed-use property in Houston’s Galleria/Uptown neighborhood. Whitestone purchased the property for approximately $158 million, according to The property was 99 percent leased at the time of sale by tenants such as Whole Foods Market, Frost Bank and Verizon Wireless. The sale includes 1.4 acres upon which the company will develop a six-story mixed-use building featuring 46,000 square feet of retail space and 91,000 square feet of office space.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.

Related News

Updated daily:
How Will COVID-19 Impact the Commercial Real Estate Industry?
Click here.

COVID-19 Webinars: Learn more about the CRE industry's response to the coronavirus. Sign up.

Watch On Demand:


Read the Digital Editions

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties