September 20, 2016
A local investment group acquired the 21,004-square-foot Stonehue Shopping Center in San Antonio, TX. Daniel Mitchell and Marcus Shaffer with Weitzman Group represented the seller, LNR Partners Inc. of Florida, in closing the transaction at 20323 Huebner Rd. The sales price was undisclosed; Bexar Central Appraisal District valued the asset at $3.6 million.
Shaffer and Mitchell were also the center’s leasing agents, and helped bring it to 100% occupancy. The tenant mix includes Jersey Mike’s, India Tai Palace, Guero’s Taco Diner, Austin Driving School, Pizza Hut and several others. The brokers will continue managing the property under the new ownership.
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