Deal finalized to acquire Galleria-area’s Blvd Place

Houston-based Whitestone REIT (NYSE: WSR) has wrapped up a deal to purchase Blvd Place, a mixed-use development in the Galleria area, as it gears up to build an addition to the property.

The acquisition was completed May 30, according to a release. Whitestone is spending a combined $204.6 million on Blvd Place and another deal in Dallas to buy Eldorado Plaza.

Blvd Place is a Class A lifestyle center with 216,944 square feet of leasable space. Whitestone also acquired approximately 1.43 acres of…

Deal finalized to acquire Galleria-area’s Blvd Place syndicated post

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