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Spring and Clute, Texas — Houston-based investment firm Williamsburg Enterprises has purchased two retail centers totaling 178,977 square feet in metro Houston.
The assets include Klein Square, an 80,836-square-foot property located in the northern suburb of Spring; and Plantation Plaza, a 98,141-square-foot property located 55 miles south of Houston in Clute. Williamsburg plans to renovate the properties, which were both less than 50 percent occupied at the time of sale, during the first half of 2019. The seller was Brixmor Property Group.