Cohen & Steers partners with Trademark Property to buy Oak Hill Plaza shopping center in Austin, Texas
CNS•Joint venture to acquire Oak Hill Plaza
Cohen & Steers’ Real Estate Opportunities Fund formed a joint venture with Trademark Property Company to acquire Oak Hill Plaza in Austin, Texas.
The deal targets a 92.5%-occupied, income-producing shopping center at the US-290 and State Highway 71 intersection in southwest Austin.
Planned repositioning as roadway project nears completion
The partnership plans to reposition the asset as a major roadway project nears completion, aiming to upgrade the tenant mix.
