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Austin, Texas — Houston-based Whitestone REIT has acquired San Clemente at Davenport, a 31,832-square-foot retail center located in Austin. Austin-based Mexican restaurant chain Fresas Chicken anchors the center. Other tenants at the property include Iron Fitness and Greenlake Energy.
San Clemente at Davenport marks the fifth neighborhood shopping center Whitestone has acquired in Austin. Shea Petrick and Chris Gerard of JLL Capital Markets’ Investment Sales and Advisory team represented the seller, HPI Real Estate Services & Investments, in the transaction.