HOUSTON-Cincinnati-based Phillips Edison & Co. has sold itsshopping center called the Stella Link Center to FestivalProperties for $6.9 million. The center measuring 99,727 squarefeet is located on a 7.6-acre site at 9117-9335 Stella Link. Theproperty is 76% occupied.

In the deal, the buyer was represented by M.M. Stapper Co.'sMarvin Stapper, while the seller was represented by HanleyInvestment Group Real Estate Advisors' Edward B. Hanley and Eric P.Wohl. For the full story, go to Houston Chronicle .

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