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Whitestone REIT acquires Houston shopping center

Local investor group sells Ashford Village nearly fully-leased
A public real estate investment trust paid over $20 million for a Houston shopping center. (CoStar)
A public real estate investment trust paid over $20 million for a Houston shopping center. (CoStar)
By Kelly Zagrod
CoStar Research
November 26, 2025 | 1:54 P.M.

Whitestone REIT, a Houston-based owner of open-air shopping centers in Texas and Arizona, acquired the grocery-anchored retail center, Ashford Village, from HG Capital Group for $21.7 million or about $267 per square foot.

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