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Old Republic Exchange, an investment group, has purchased the Frey-James Shopping Center at 11657A Gulf Freeway in southeast Houston as an investment.

Rammrath Realty and The Weitzman Group handled the negotiations for the deal. The 18,000-sf strip shopping center, which was built in 1984, sits on a one-acre tract along the Gulf Freeway, a major corridor for retail activity on Houston’s southeast side.

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