CenterSquare announced the acquisition of The Shops at Cinco Ranch, a 27,500-square-foot essential service retail shopping center in the Katy, Texas, submarket of the Houston MSA.
Shops at Cinco Ranch is a 27,500-square-foot property located in the affluent Cinco Ranch neighborhood of Katy.
The property is a 96 percent-leased, neighborhood center that is home to a wide array of local, service-oriented tenants catering to the surrounding 34,000 rooftops in a three-mile radius.