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Phillips 66 Buys Aging Retail Center Near Houston Campus

Exclusive: Energy Company Expands Real Estate Holdings in the Bayou City
Phillips 66 has purchased the Kaleidoscope Shopping Center at 10614 Westheimer in West Houston. Photo: CoStar
Phillips 66 has purchased the Kaleidoscope Shopping Center at 10614 Westheimer in West Houston. Photo: CoStar
By Kyle Hagerty
April 9, 2019 | 6:51 P.M.

Phillips 66, a multinational energy company and one of the world's largest publicly traded businesses, bought an antiquated retail strip center next to its 1.1 million-square-foot headquarters in West Houston in a move that signals potential redevelopment and expansion beyond its nearby campus.

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