LaCenterra acquired by Brixmor Property Group for $223M

"The acquisition of LaCenterra at Cinco Ranch furthers our clustering strategy in a key market and broadens our tenancy profile and retailer relationships, providing a vibrant source of incremental and relevant demand, as we continue to evolve the merchandise mix across our transformed portfolio," said Mark Horgan, executive vice president and chief investment officer for Brixmor Property Group.

Community Impact reached out to representatives at LaCenterra at Cinco Ranch to learn more about the acquisition and its timeline, but a response was not received before press time.

Zooming out

Brixmor Property Group has 30 other location assets in the Greater Houston area, including Lake Pointe Village in Sugar Land, per the release.

• 23501 Cinco Ranch Blvd., Katy
• www.lacenterra.com