KATY – PGIM Real Estate has acquired LaCenterra at Cinco Ranch, a 412,900-sf mixed-use property at 23501 Cinco Ranch Blvd.
The 34-acre, Class A development includes 273,522 sf of retail space anchored by Trader Joe's and 139,378 sf of office space. The components are 93 and 89 percent leased, respectively.
The final phase, which features an eight-screen Alamo Drafthouse Cinema, is slated for a 2018 completion.
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