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Nuveen raises $320 million to buy grocery-anchored shopping centers

Capital to be deployed in necessity-based retail
Nuveen last month acquired Hillside Village, a shopping center in Dallas anchored by Sprouts Farmers Market. (CoStar)
Nuveen last month acquired Hillside Village, a shopping center in Dallas anchored by Sprouts Farmers Market. (CoStar)

Nuveen Real Estate, the global real estate investment manager for the Teachers Insurance & Annuity Association of America, has raised $320 million for its fund that invests in grocery-anchored shopping centers.

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