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.
Fontana, Calif. — Faris Lee Investments has arranged the $20.7 million sale of Southridge Plaza, a 119,359-square-foot shopping center located nine miles west of San Bernardino in Fontana, California.
Trinity, Fla. — Sleiman Enterprises has purchased Shoppes at Trinity Lakes, a shopping center located 30 miles north of Tampa in Trinity, for $18 million.
Houma, La. — Chase Properties Ltd. has purchased Magnolia Square, a 242,000-square-foot shopping center located in Houma, 60 miles southwest of New Orleans.
Southern California — Federal Realty Investment Trust has formed a joint venture with Primestor Development Inc. to acquire seven retail properties in Southern California.