Cohen & Steers Income Opportunities REIT, Inc. Acquires Sprouts-Anchored Shopping Center
Cohen & Steers Income Opportunities REIT (CNSREIT) acquired Oracle Crossings, a 266,000-square-foot grocery-anchored shopping center in Tucson, Arizona. The acquisition was executed through CNSREIT's programmatic joint venture with Phillips Edison & Company (PECO), which serves as the operator.
Key figures
- Daily traffic
- 66000
- Property sqft
- 266000
- Annual visitors
- 2100000
- Peco total sqft
- 33700000
- Peco total centers
- 326
- Property lease pct
- 96%
- Peco wholly owned centers
- 299
AI analysis
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