AUSTIN – Newport Capital Partners has acquired Stassney Heights on behalf of its Newport Capital Partners Fund III.
The 103,030-sf shopping center 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.
The Texas Real Estate Research Center has more local commercial real estate news like this online: