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Two shopping centers trade hands for $189M

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The Shops at Arbor Trails anchored by Costco AUSTIN – Inventrust Properties Inc. has acquired two area shopping centers from Christopher Commercial Inc.

The 357,000-sf The Shops at Arbor Trails at 4301 W. William Cannon Dr. is anchored by Costco Wholesale an​​​d Whole Foods. It was 99 percent leased at the time of closing.

The 168,000-sf Escarpment Village at 5800 W. Slaughter Ln. is anchored by H-E-B. It was fully leased at the time of sale. 

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​Source: Austin Business Journal

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