Inland Western grows portfolio

Adds 493,000 square feet of retail space in Texas, Maryland
Published on Feb 27, 2004

Inland Western Retail Real Estate Trust acquired its second and third properties in Texas with the purchases of La Plaza del Norte shopping center in San Antonio and MacArthur Crossing shopping center in Irving. Inland Western also recently acquired the Metro Square shopping center in Annapolis, Md. The total value of the transactions was not disclosed. La Plaza del Norte, 125 Northwest Loop 410, comprises 320,362 square feet and is anchored by a 58,000-square-foot Best Buy and a 65,017-square-foot Oshman's sporting goods store. Its other major retailers include a 29,847-square-foot Bealls department store, a 28,438-square-foot Ross Dress for Less, a 23,229-square-foot Office Max, a 22,000-square-foot Designer Shoe Warehouse, an 18,900-square-foot Cost Plus World Market, a 13,650-square-foot PetsMart, and a 12,000-square-foot David's Bridal. Pearle Vision, Game Stop, Supercuts and other various retailers are also tenants at La Plaza del Norte. Janine Roberts of DRA Advisors LLC, and...

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