A Texas-based REIT is utilizing 721 exchanges to acquire a portfolio of 17 unanchored shopping centers in El Paso.

Houston-based KM Realty, a REIT that specializes in unanchored retail centers in Texas, New Mexico and Arizona, is acquiring 17 properties encompassing more than 500K SF in total from El Paso-based Cavalier Property Management for an undisclosed price.


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Jack Rogers


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