Chief Investment Officer
Randy Woodruff

Cencor Realty Services, one of the largest shopping center management and development firms based in Texas, is seeking to acquire existing shopping center properties in Texas' major markets of Dallas/Fort Worth, Austin, Houston and San Antonio.

The properties are acquired on behalf of Cencor through several channels. Primary among these is the strategic venture Cencor has formed with GE Capital Real Estate for the acquisition of existing shopping centers.

Cencor's investment strategy is concentrated on core/core-plus and value-added centers in Texas' major metropolitan areas and their suburbs. Typically, Cencor seeks properties that either have stabilized cash flows and future upside growth potential or value-enhancement properties. These value-enhancement properties are those with some difficulties in operations, capital structures or market positioning that can in turn be fixed and sold upon stabilization.

The typical center acquired by Cencor is anchored by a grocery store, major drug store or similar-type anchors with acceptable credit.

Cencor already controls one of the largest non-mall retail portfolios in Texas, with approximately 18 million square feet in Texas' major markets.


For Acquisition Criteria, click here.

For Submittal Process, click here.

Acquisition Contact: