The Houston area’s first multilevel H-E-B development has a new owner.

New York-based Brixmor Property Group Inc. (NYSE: BRX) sold the property at 5106 Bissonnet St. in Bellaire for $17.25 million in September, the real estate investment trust reported in its third-quarter 2018 supplemental disclosure document. According to documents filed with the Harris County District Clerk, the buyer is an entity affiliated with Dallas-based Spectrum Properties Ltd. 

According to HFF, San Antonio-based H-E-B…

Houston Biz Journal
New York REIT sells H-E-B's new multilevel shopping center in Bellaire, other Houston-area properties