REOC San Antonio
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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Inland American buys Stone Ridge Market

Stone Ridge Market

Illinois-REIT Inland American Real Estate Trust Inc. recently purchased Stone Ridge Market (218,436) anchored by PetSmart, Half Price Books, and Sports Authority.  Stone Ridge Market is situated adjacent to the H-E-B Plus (168,000 sf) in the same northwest quadrant of US Highway 281 and Evans Road in the Far North sector of the city.   The purchase also included Rockwell Plaza (254,690 sf) – a retail center in Oklahoma City.  Inland reportedly paid $94.7 million for both properties.

Click to read Inland American Real Estate Trust, Inc. Purchases Two necessity-Based Shopping Centers in Oklahoma and Texas for $94.7 Million (CNBC, 1-9-13)

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