HOUSTON-Florida-based Sterling Organization has partnered with Canada-based RioCan Real Estate Investment Trust to acquire The Market at Village Center, a 97,761-square-foot retail center Cinco Ranch, for an amount of $17 million. The Class A retail center is situated beside a Super Target.
The Market at Village Center was previously owned by Property Commerce, a real estate company based in Houston. The property is 97% leased and its current occupiers include OfficeMax, HomeGoods and Michaels. For the full story, go to Houston Business Journal .
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