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Brixmor spends billions for Canada’s Slate Grocery REIT

Acquisition of 115 shopping centers ranks as year’s largest US retail portfolio sale
The 23 shopping centers that Brixmor Property Group is acquiring for $636 million includes Cordova Commons in Pensacola, Florida. (CoStar)
The 23 shopping centers that Brixmor Property Group is acquiring for $636 million includes Cordova Commons in Pensacola, Florida. (CoStar)

Brixmor Property Group and partners are set to acquire 115 open-air shopping centers through a $2.34 billion deal in U.S. currency for Slate Grocery REIT, one of the country’s largest retail portfolio sales this year.

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