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

Property Image
SOLD
$21,700,000

Texas

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Retail81,407 SF
Sold 11/03/2025
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Property Image
SOLD

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

1801 South Dairy Ashford Road

See Similar Deals
Retail81,407 SF
Sold 11/03/2025
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$266
Total Square Footage:81,407 SF
Transaction Type:Sale

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.

Players

WR
Whitestone REIT
BUYER
WR
Whitestone REIT
BUYER
Steven Alvis
NewQuest Properties
Steven Alvis
2 deals$21.7M volume
SELLER
NewQuest Properties
NewQuest Properties
SELLER

Details

SOLD
IMAGE: David K. Holeman & Steven Alvis DATE: 11/03/2025 ADDRESS: 1801 South Dairy Ashford Road MARKET: Houston ASSET TYPE: Retail ~ SF: 81,407 BUYER: David K. Holeman - Whitestone REIT SELLER: Steven Alvis - NewQuest Properties (@NQ_Properties) SALE PRICE: $21,700,000 SF: 81,407 ~ PPSF: $267 NOTE: Whitestone REIT acquired the 81,407-sf Ashford Village retail center in Houston for $21.7 million, its 10th neighborhood shopping center in the city. The 99.6% leased property, anchored by Seiwa Market, was sold by NewQuest Properties.

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