The Marcel Group
P.O. Box 9556
The Woodlands, Texas 77387
The Renaissance Shopping Center consists of three (3) buildings totaling 90,123 square feet on 9.462 acres located at the intersection of FM 1488 and FM 1774 in Magnolia, Texas. The center was developed in 1998 with 20 multi-commercial retail spaces. Anchor tenants include Brookshire Brothers, Subway, Mr. Gatti’s Pizza and Woodforest National Bank.
The Renaissance Shopping Center has maintained over 96% occupancy under the management of The Marcel Group and sold in the summer of 2005 with an 8% cap rate.