El Paso, TX – January 14, 2012 – (RealEstateRama) — River Oaks Properties is pleased to announce the purchase of the Coronado Shopping Center, in El Paso Texas from Rich Development. The 137,386 SF shopping center sits on 12 acres and was built in 1957. The Grocery anchored center is 100% occupied and leased to national credit tenants such as Anna’s Linen, AutoZone, Big 8 Grocery, Dollar Tree, Eraser Dust, Harbor Freight, Goodwill, Sally Beauty Supply, Rent A Center as well as other regional tenants. The property includes a Carl’s Jr Pad Site. In addition River Oaks separately acquired the Starbucks Pad Site.
Founded in 1968 River Oaks Properties is a full-service, vertically integrated real estate company focused primarily on the development, construction, acquisition, ownership and operation of high quality neighborhood and community shopping centers.