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Stassney Heights retail center sold

​AUSTIN – Newport Capital Partners has acquired Stassney Heights on behalf of its Newport Capital Partners Fund III. 

The 103,030-sf shopping ce​nter is on the southwest corner of Stassney Ln. and I-35. It is currently 93 percent leased and anchored by Houston-based supermarket Fiesta Mart. 

The property was marketed by CBRE.​​ Financing was provided by Wintrust Bank and arranged through Newmark.

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​Source: Connect Media

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