H-E-B Anchored Tanglewood Court Sale Latest Sign of Hot Asset Class
Grocery-anchored retail continues to be an investor favorite.
Four months after being listed, Los Angeles-based American Realty Advisors purchased Tanglewood Court, a 125,500-square-foot, fully leased, H-E-B-anchored shopping center in west Houston’s affluent Galleria submarket, from Bellaire, TX-based Fidelis Realty Partners and development partner, BayNorth Capital of Quincy, MA. Terms of the deal were not disclosed, though American Realty Advisors…