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InvenTrust Nets Grocery-Anchored The Parke in Suburban Austin for $112 Million

Illinois Firm Expands Sun Belt Holdings with Purchase of 404,000-SF Trophy Shopping Center Headlined by 365 by Whole Foods
By John Luoma
August 23, 2017 | 2:17 P.M.

InvenTrust Properties Corp., an Illinois-based pure-play retail company that focuses on open-air shopping centers, landed a significant investment in suburban Austin with the purchase of The Parke in Cedar Park, TX from Endeavor Real Estate Group for $112.25 million, or approximately $321 per square foot.

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