LAKE JACKSON, TX--Dallas-based Centennial Real EstateCo., in partnership with Atlantic Creek RealEstate Partners LLC and The North Shore PropertiesGroup LLC, closed on the off-market acquisition of BrazosMall, a 680,951-square-footenclosed mall in Lake Jackson, Texas, 50 miles south ofHouston.

Built in 1976, Brazos Mall is theonly enclosed retail center in the Brazosport area, which isbenefiting from nearly $30 billion of investments under way orplanned for completion by 2020, includingDow's newTexas Innovation Center and Port Freeport's LNGterminals.

"Our mission is to engage the customer and deliver a dynamicshopping experience," Steven Levin, CentennialReal Estate Co.'s CEO, told GlobeSt.com. "Our investment willachieve this by creating a shopping center tailored to theBrazosport community. The new look and feel will fitseamlessly into the existing environment and we will bring to thearea a merchandising mix that meets the growing population'sneeds."