Florida Firm Buys Texas Retail Center

CONROE, Texas – (Realty News Report) – JBL Asset Management acquired Montgomery Plaza, a 315,708-SF power center about 40 miles north of downtown Houston, according to JLL.

The power center, which is 94.3% occupied, is located at the corner of Interstate 45 and Loop 336.

The buyer of Montgomery Plaza, JBL Asset Management, is a South Florida-based firm specializing in retail shopping center acquisitions, management and development. The company was founded in 2005 by Jacob Khotoveli…

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