Dallas-based Cypress Equities has acquired the Nord du Lac retail center in St. Tammany Parish, the firm said Thursday.

The property includes 214,000 square feet of existing space that’s 96 percent leased; 83,000 square feet of partially-built improvements; and another 162,000 square feet of planned development space, which totals about 460,000 square feet.

The Covington retail center is anchored by national tenants, including Hobby Lobby, Academy Sports, Petco and Kohl’s.