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Kim Gatley
enior Vice President & Director of Research at REOC Austin

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The Parke finds a buyer

TheParkeThe Parke was recently sold to InvenTrust Properties Corp. for $112 million. The 404,000-square-foot center is anchored by the only Texas location of 365 by Whole Foods Market, the smaller, tech-centric concept from Austin-based Whole Foods Market Inc.

InvenTrust, a Chicago-based real estate investment company that has been adding to its Austin portfolio during the past couple of years, made the announcement Tuesday. With the acquisition of The Park, InvesTrust owns about 1.4 million square feet of retail in the Austin area.

Click here to read the original article: The Parke finds a buyer Austin Business Journal 8-22-2017


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