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NEW HYDE PARK, NY—Kimco Realty Corp. said Friday it had acquired the remaining 66.67% interest in the Kimstone portfolio from a subsidiary of Blackstone Real Estate Partners VII. The $925-million purchase price includes the assumption of $426.7 million in mortgage debt; Kimco will pay BREP $512.3 million for its interest in the joint venture, with the deal expected to close in the first quarter of 2015.


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