Houston Firm Acquires Queen Ann Marketplace

SEATTLE-Weingarten Realty Investors has acquired Queen Anne Marketplace Seattle, a 70,000 square feet property anchored by Metropolitan Market, an upscale neighborhood grocer operating in a densely populated, high barrier-to-entry urban infill location.

“We are pleased with the acquisition of this high quality shopping center with strong growth potential. It reflects our disciplined approach to enhancing our portfolio through acquiring properties with strong anchors located in high growth markets with strong demographics,” said Drew Alexander, president and CEO, of the Houston firm that develops and manages retail shopping centers.