Cohen & Steers Income Opportunities REIT, Inc.: M&A transaction — CNSREIT completes first acquisition: Marketplace at Highland Village for $42.1M via JV with Sterling

Cohen & Steers Income Opportunities REIT, Inc.

Purchase price $42.1M for ~207k sq ft shopping center in Dallas, TX; 93% occupied.
Acquired via 99% indirect interest in JV with Sterling Organization; funded by private offering proceeds.
Property drew 4.3M visits in 2022; tenants include TJ Maxx, HomeGoods, LA Fitness, DSW, Petco.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Cohen & Steers Income Opportunities REIT, Inc. completed an acquisition involving DDR Highland Village LP for $42.1 million (closed 2024-01-22).

Action: acquisition
Counterparty: DDR Highland Village LP
Consideration: $42.1 million
Closing: 2024-01-22

Exact text from the filing

premises comprise nearly 207,000 square feet and are approximately 93% occupied by tenants including TJ Maxx, HomeGoods, LA Fitness, DSW and Petco. The total purchase price was $42.1 million, subject to closing costs, customary prorations and escrow arrangements. The Company funded the acquisition using proceeds from its private offering of Class P shares of common

View on SEC.gov

Browse all m&a transactions →

Source: SEC EDGAR

accession 0001939433-24-000014

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.