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Cedar Realty Trust Lands $1.2 Billion in Deals With Multiple Buyers for Grocery-Anchored Retail

New York REIT Agrees To Be Broken Up in Series of Sales
The 142,902-square-foot Yorktowne Plaza in Cockeysville, Maryland, typifies Cedar Realty Trust’s retail properties. (CoStar)
The 142,902-square-foot Yorktowne Plaza in Cockeysville, Maryland, typifies Cedar Realty Trust’s retail properties. (CoStar)

Cedar Realty Trust has entered into definitive agreements for the sale of some of its grocery-anchored shopping centers and also the company itself and its remaining assets in a series of related all-cash transactions to up to four different buyers.

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