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TPG-led group buys retail landlord Echo Realty with plans 'to scale the business'

$2 billion deal includes 230 grocery-anchored shopping centers
Echo Realty's holdings include Pompano Plaza in Pompano Beach, Florida, a shopping center anchored by a Publix supermarket. (Paul Ayala/CoStar)
Echo Realty's holdings include Pompano Plaza in Pompano Beach, Florida, a shopping center anchored by a Publix supermarket. (Paul Ayala/CoStar)
CoStar News
June 5, 2026 | 9:19 P.M.

An investor group led by TPG Real Estate has acquired retail landlord Echo Realty for roughly $2 billion, gaining a portfolio of about 230 grocery-anchored shopping centers.

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