Cohen & Steers and Trademark Acquire Oak Hill Plaza in Austin

PR Newswire··US·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Cohen & Steers, through its Real Estate Opportunities Fund, has acquired Oak Hill Plaza, a shopping center in Austin, Texas, in a joint venture with Trademark Property Company. The center is 92.5% occupied and anchored by necessity-based retailers including Wells Fargo, The Picklr, Pluckers, Dollar Tree, and Autozone. The property sits at a high-visibility intersection near completion of a major roadway improvement, serving an affluent area with a median household income of $120,000. Cohen & Steers plans to elevate the tenant mix and enhance the property's long-term value.

Impact on assets 4

Financials▲
Cohen & Steers Inc
CNS
▲ PositiveCapitalrelevance

Cohen & Steers acquired Oak Hill Plaza through its Real Estate Opportunities Fund, expanding its real estate portfolio.

Consumer Discretionary▲
Consumer Staples▲

Off-coverage companies 3

Trademark Property Companyi
Private▲ PositiveCapitalrelevance

Trademark Property Company entered a joint venture to acquire Oak Hill Plaza in Austin.

Pluckers Wing Bari
Private± Mixedrelevance

The Picklri
Private± Mixedrelevance