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JV Forms to Target Grocery-Anchored Shopping Centers

ShopOne Centers REIT, Pantheon and a global institutional investor have joined together to acquire institutional-quality shopping centers across US growth markets.

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.

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Ingrid Tunberg

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.

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