Local retail properties trade hands amid Houston company’s shift in portfolio

Weingarten Realty Investors (NYSE: WRI) recently acquired two properties, one in San Jose, California, and another in Houston, and sold two others amid efforts to improve its portfolio before the end of the year.

Since the end of the third quarter, Weingarten bought both shopping centers for a total of $127 million, per a press release. The Houston property, Shops at Hilshire Village, is a Kroger-anchored shopping center at the northwest corner of Wirt Road and Westview Drive in the Memorial Villages…

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