PR Newswire·Aug 31, 2026, 9:47 AM ET

Cohen & Steers and Trademark Acquire Oak Hill Plaza Shopping Center in Austin, Texas

Cohen & Steers (NYSE: CNS) acquired Oak Hill Plaza, a shopping center in Austin, Texas, via a joint venture with Trademark Property Company.
The acquisition aligns with Cohen & Steers' thesis of targeting well-occupied, income-generating retail assets anchored by necessity-based retailers in supply-constrained markets.
Oak Hill Plaza currently maintains 92.5% occupancy with tenants including Wells Fargo, The Picklr, Pluckers, Dollar Tree, & Autozone.
James S. Corl of Cohen & Steers noted the property's transformation from a lightly populated area to a critical gateway for affluent suburbs following the completion of a 10-year highway infrastructure project.
The site is located at the US-290 & State Highway 71 intersection in southwest Austin, where a major roadway improvement project is nearing completion.
Demographic data for the 3-mile radius includes approximately 60,000 residents, a median household income of $120,000, & a median home value of $688,000.
Trademark Property Company is a Fort Worth-based firm that has invested in, developed, or redeveloped $5 billion worth of assets & currently operates a portfolio exceeding 10 million square feet.
The demographic data cited in the release is sourced from CoStar as of June 11, 2026.