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HOUSTON-Weingarten Realty Investors has checked off another dealin its bid this year to sell $250 million to $350 million ofnon-core assets nationwide. The latest hand-off is the 304,300-sfFondren Southwest Village.

New York City investment group, Surrey Equities LLC, hasacquired a 78%-leased, 32.4-acre retail block that spans two hardcorners of the high-traffic intersection at Fondren Road andBellfort Avenue. The dealmakers aren't commenting about the saleprice, but tax records show the holding is assessed at nearly $9.1million. Given its dominance in the southwest sector, FondrenSouthwest Village could have brought $80 per sf based on otherretail trades of late 1970s-era centers, but a local market watchersays the actual price is too hard to nail down because it boilsdown to Weingarten's pent-up demand to sell.