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Hughes, Weingarten Alliance to Focus on North Carolina Retail Markets

RALEIGH, NC-Raleigh-based Bob Hughes Associates and Weingarten Realty Investors of Houston have formed a strategic alliance to develop supermarket-anchored community shopping centers from 100,000 sf to 400,000 sf.

By Robert Anthony | Updated on October 02, 2000

RALEIGH, NC-Locally-based Bob Hughes Associates nd Weingarten Realty Investors of Houston, are joint venturing the development of shopping centers from 100,000 sf to 400,00 sf in North Carolina.

Hughes will develop of the centers. Weingarten will lease and manage the assets, and provide guidance on site acquisition and anchor tenant selection.

Hughes has a 2.1 million sf portfolio of community shopping centers, apartment complexes, office and other assets. Weingarten has 248 income-producing properties in 14 states, primarily in the Southwest.

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