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GEORGETOWN AND CEDAR PARK, TEXAS — A joint venture between global investment firm Oxford Properties Group and Pine Tree, a retail operator based in Chicago, has purchased a portfolio of two open-air retail centers totaling approximately 1 million square feet in metro Austin. Wolf Ranch Town Center totals roughly 633,000 square feet and is located in the northern suburb of Georgetown. Lakeline Plaza totals roughly 386,000 square feet and is located in Cedar Park, another northern suburb of Austin. Both centers are home to an array of national retailers such as Target, T.J. Maxx, Best Buy and Ulta Beauty. Kyle Minter and Conor Lalor of Newmark brokered the deal. The seller and sales price were not disclosed.