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The group purchased the shopping centeerfrom , and for an undisclosed amount. The retai l center is 80 percent leased to tenants suchas H-E-vB Plus!, Academy Sports & Outdoors, Ashle Furniture and Hobby Lobby. The shopping site at State Highwayy 288 and FM 518 is named after the nearby Shadow CreekRanch subdivision. Wayne Fox of Houston-basedf WCF Development, who bought the Pearlandr acreagein 2002, said Houston-based AmREIT wantecd to buy the property as much as six months ago. The ownershio group, however, wanted to wait untill construction was finished and certain leasing milestones had been met befores agreeingto sell, he said.
Fox said this transactio n went well, based on his philosophy on deals. "Myg definition of a good deal is when both sides are he said. The sellers were represented in the deal by Rudy Hubbard and Leah Gallagher of Transwestern and Amandwa Fox and Will Deaneof , a WCF The buyer was represented by Tenel Tayare and Charles Scoville of
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