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Texas  + Austin  + Retail  |  January 4, 2022
Whitestone REIT Snags Anderson Arbor Retail Center
Lisa Brown
By: Lisa Brown

Whitestone REIT Snags Anderson Arbor Retail Center

The Anderson Arbor shopping center in Austin recently sold to Whitestone REIT for an undisclosed purchase price. The 89,746-square-foot center was built in three phases beginning in 2003 and is part of a larger 268,000-square-foot retail development.

With more than 2,500 feet of frontage along Highway 183 in Northwest Austin, Anderson Arbor is 91 percent leased and shadow-anchored by Main Event Entertainment, Gold’s Gym, Walgreens and several other national tenants. Anderson Arbor is minutes away from a fast-growing business district that is home to tech companies including Apple, eBay, Oracle, PayPal, Samsung, 3M, Polycom and many others.

David Disney and Adam Crockett of Disney Investment Group exclusively represented the seller and procured the buyer.

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David Disney

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.
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