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Whitestone Pays $47.9M for Pair of Chandler Retail Centers

RED Development Sells Fulton Ranch Towne Center, The Promenade at Fulton Ranch
By Justin Sumner
CoStar News
November 10, 2014 | 6:22 P.M.

Whitestone REIT (NYSE: WSR) has acquired two community shopping centers, Towne Center and The Promenade at Fulton Ranch, in Chandler, AZ from RED Development for an aggregate $47.85 million, or approximately $226 per square foot.

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