HOUSTON—Whitestone REIT, a fully integratedreal estate company that owns, operates and re-develops communitycentered properties, has launched two retail property redevelopmentand repositioning projects here.
Sugar Park Plaza, a 95,032 squarefoot property with a daily traffic count of 259,000, islocated at the exit ramp of US Highway 59 at WilcrestDrive. The property sits at the entrance of SugarLand and serves the densely populated and affluentFort Bend County area with nearly 50,000households within a three-mile radius. Current tenants includeSuit Mart, Subway, Aga's Indo Pakistani Restaurantand Marshalls.
Providence Plaza, at its highly visiblelocation on US Highway 6, serves the flourishingmulti-cultural community in the new growth corridor to Sugar Land.With a daily traffic count of 44,000, current tenants occupying the90,327 square foot property, such asSpec's Wine, Spirits and Finer Foods,Stanbridge Eye Center and AceHardware provide services to over 110,000 surroundingfamily units.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
