NEW YORK, NY – A joint-venture has formed between fully-integrated, grocery-anchored retail center investment, management and operating platform ShopOne Centers REIT Inc., global private markets investment manager Pantheon and a global institutional investor. The partnership will acquire institutional-quality shopping centers in growth markets throughout the US.
The joint-venture will target necessity-based, value-oriented grocery-anchored centers in the top 100 MSAs, and it will also consider necessity and value-oriented grocery-anchored, neighborhood and community shopping centers in select college towns or established tourist destinations.
The partners have invested capital totaling more than $1 billion in investment capacity. Aligning with the partnership's target investment criteria, ShopOne has additionally contributed an existing portfolio.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
