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Cohen & Steers picks up pace of acquiring open-air shopping centers

Bottom-of-the-market pricing attracts New York investment manager
Cohen & Steers Income Opportunities REIT and the Sterling Organization are under contract to acquire Bridgepointe Shopping Center in San Mateo, California. (CoStar)
Cohen & Steers Income Opportunities REIT and the Sterling Organization are under contract to acquire Bridgepointe Shopping Center in San Mateo, California. (CoStar)
CoStar News
November 5, 2024 | 6:44 P.M.

Cohen & Steers is stepping up acquisitions of open-air shopping centers for its private real estate clients as the investment management firm believes pricing has bottomed in the retail sector.

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