Westwood Financial Acquires H-E-B-Anchored Shopping Center in Metro Houston

H-E-B anchors Market at Lake Houston, located in the Houston suburb of Atascocita. H-E-B anchors Market at Lake Houston, located in the Houston suburb of Atascocita.

Atascocita, Texas — Los Angeles-based Westwood Financial Corp. has acquired Market at Lake Houston, a 101,791-square-foot, H-E-B-anchored retail center in the Houston suburb of Atascocita.

Completed in 2002, the property was fully leased at the time of sale to tenants including GameStop, Sally Beauty Supply, Five Guys and Subway. Rusty Tamlyn and Ryan West of HFF brokered the sale on behalf of the seller, an undisclosed institutional client. Kevin MacKenzie, Jamie Kline and Matthew Putterman, also of HFF, worked on behalf of the new owner to secure acquisition financing as part of a larger portfolio with Nationwide Life Insurance Company.

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