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December 19, 2006
SPRINGTOWN SHOPPING CENTER PURCHASED FOR INVESTMENT
SPRINGTOWN—Lonesome
Cowboy, L.P., a California-based limited partnership, has purchased Springtown
Shopping Center, a 62,718-square-foot community shopping center on 5.8 acres
located at 501 Highway 199 East, for an undisclosed price.
Greg McDonald with the Investment Properties Group of The Weitzman Group handled
negotiations for the purchaser. The seller was represented by Andy Folmer with
Harry B. Lucas Company.
Springtown Shopping Center features
a strong community retail line up that includes a 47,718-square-foot Brookshire
grocery store, as well as in-line retailers such as Movie Gallery,
Subway, Pizza Plus, Comet Cleaners and Texas Health System. The center
was purchased as an investment.
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