David K. Holeman Of Whitestone REIT Acquires Ashford Village Retail Center In Houston For $21.7M

Whitestone REIT acquired the retail asset located at 1801 South Dairy Ashford Road in Houston for $21.7 million. The property spans 81,407 square feet and is noted for being 99.6% leased, primarily anchored by Seiwa Market. The transaction marks Whitestone REIT's 10th neighborhood shopping center acquisition in Houston.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $21,700,000
• Square Footage: 81,407
• Price Per Square Foot: $267
• Buyer: David K. Holeman - Whitestone REIT
• Seller: Steven Alvis - NewQuest Properties
• Market: Houston

This transaction involved David K. Holeman representing Whitestone REIT in the acquisition, while Steven Alvis represented NewQuest Properties, the seller of the property.