Whitestone REIT (NYSE: WSR) acquired the 81,407 square-foot, grocery-anchored Ashford Village. Situated between Interstate 10 and the Westpark Tollway at the intersection of South Dairy Ashford Road and Whittington Drive, the center is home to Seiwa Market, the largest Japanese grocery in the city. The acquisition of Ashford Village marks Whitestone’s 10th neighborhood shopping center in Houston.

“Given our large footprint in Houston and our familiarity with the market, we have been actively looking to acquire assets like Ashford Village that align with our investment criteria,” commented Christine Mastandrea, President and COO of Whitestone REIT.

Ashford Village’s convenient location – less than a 5-minute drive from the Ashford Yard mixed-use development currently under development on the former Schlumberger campus.

Ashford Village is Whitestone’s third acquisition in Houston since 2022. The company acquired Lake Woodlands in late 2022 and Garden Oaks in early 2024.