HOUSTON—If you ask the Houston office of Stream Realty Partners, power centers – and retail in general – are thriving in the face of an uncertain oil market.

Stream's new Center at Pearland Parkway has seen “immense success,” says the company, since it delivered last fall, and is nearing the completion of a successful lease-up of the 165,000-square-foot center.

Earlier this week, two key tenants, Ross and Five Below, opened.

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