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Texas REIT Sells North Texas Shopping Center to Oklahoma Investor

JAH Realty Plans Significant Upgrades to 1950s-Era Retail Center
Richardson Heights Shopping Center has traded to an Oklahoma real estate investor that plans to upgrade the 1950s-era shopping center anchored by Alamo Drafthouse. (CoStar)
Richardson Heights Shopping Center has traded to an Oklahoma real estate investor that plans to upgrade the 1950s-era shopping center anchored by Alamo Drafthouse. (CoStar)

A Texas-based real estate investment trust pivoting its real estate holdings into self-storage and single tenant properties recently sold a Dallas-area shopping center before acquiring 16 Walgreens leasing retail properties and three self-storage properties, in deals supporting its transformation.

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