Buying the Center of the Community

Brixmor CIO Mark Horgan shares how LaCenterra at Cinco Ranch reflects our strategy of investing in high-quality assets that serve as the center of the community and offer strong growth opportunities. Located in Katy, TX—an affluent suburb of Houston — LaCenterra is a premier grocery-anchored lifestyle center that draws over 5 million visitors annually.

Katy is known for its top-rated school district, affluent household incomes and strong population growth, making it a highly attractive market for retail investment. Anchored by Trader Joe’s, the center features a mix of top national brands including Sephora, Lululemon, Athleta, and CAVA, alongside high-performing restaurants such as Postino, Ambriza Social Mexican Kitchen, Torchy’s Tacos, and Grimaldi’s Pizzeria.

This acquisition reflects our prudent capital recycling strategy—investing in assets with opportunities for growth and value creation, while divesting those with limited upside. Since 2015, we’ve bought and sold over $4.3B in assets, transforming our portfolio and increasing our grocery-anchored ABR to over 80%. We’re excited to create value at LaCenterra and continue investing in Houston, our third-largest market.

For more information on LaCenterra at Cinco Ranch and to inquire about available space, visit the links below.