HEB grocery store

Joint Venture Acquires 439,569-Square-Foot Northwoods Shopping Center in San Antonio

by Abby Cox

San Antonio — A joint venture between MCB Real Estate, Epic Real Estate Partners and Centerbridge Partners L.P.  has acquired Northwoods Shopping Center, a 439,569-square-foot lifestyle center in San Antonio. An HEB grocery store anchors the property and has operated at the site since its development in 1996. Additional tenants at the center, which was 91 percent leased at the time of sale, include Nordstrom Rack, Marshalls, Homesense, Barnes & Noble, Old Navy and Ulta Beauty. Truist Bank financed the acquisition.

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