March 27, 2025 – Shops at Cinco Ranch (the Property) is a 27,500sf Essential Service Retail (ESR) property located in the affluent Cinco Ranch neighborhood of Katy, TX (Houston MSA), where average incomes exceed $155,000.
The Property is a 96% leased, neighborhood center that is home to a wide array of local, service-oriented tenants catering to the surrounding 34,000 rooftops in a 3-mile radius.
Cinco Ranch has seen its population double since 2010 and is consistently ranked as a top-5 neighborhood to live in the nation. This opportunity marks CenterSquare’s 5th acquisition in Houston.
