Cohen & Steers Income Opportunities REIT acquires 1890 Ranch shopping center near Austin, Texas

Cohen & Steers, Inc.
Cohen & Steers Quality Income Realty Fund Inc Quality Income Realty Fund

Cohen & Steers, Inc.

CNS

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Cohen & Steers Quality Income Realty Fund Inc Quality Income Realty Fund

RQI

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  • Cohen & Steers Income Opportunities REIT acquired the 1890 Ranch shopping center in Cedar Park, Texas, via a joint venture with Sterling Organization.
  • Asset spans 442,000 square feet; positioned in Austin’s north growth corridor.
  • Center was 99% occupied; shadow-anchored by Target.
  • Transaction aligns with CNSREIT’s strategy targeting well-anchored, necessity-driven open-air shopping centers.


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