The $81 billion private markets firm Pantheon has formed a strategic partnership with an unnamed institutional investor and ShopOne Centers REIT to invest in necessity-based and value-oriented grocery-anchored shopping centers in key growth markets across the U.S.
The JV will have the ability to deploy more than $1 billion and will focus on retail centers in metropolitan areas, as well as select college towns and established vacation destinations. Initially, the deal will recapitalize a portfolio of properties owned by ShopOne.
“We are delighted with the strong momentum and deal flow our . . .
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