River Oaks Properties Transfers Nine Shopping Centers to Mimco

July 3, 2025 - 03:09

In a significant shift in the El Paso real estate landscape, River Oaks Properties has completed the sale of nine shopping centers to Mimco as of June 26. This strategic move marks a notable transition for River Oaks, a prominent player in the local retail development scene.

The transaction is expected to have a considerable impact on the retail market in El Paso, potentially reshaping the dynamics of shopping and consumer engagement in the area. The centers involved in the sale are strategically located, catering to a diverse range of shopping needs and preferences.

Mimco, known for its commitment to enhancing retail environments, aims to leverage these properties to further strengthen its portfolio and improve the shopping experience for local consumers. As the retail landscape continues to evolve, this acquisition may pave the way for new opportunities and developments in El Paso's vibrant commercial sector.

The sale reflects ongoing trends in real estate, where developers adapt to changing market conditions and consumer demands.