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DDR Partners With Blackstone in $1.98B ARCP Portfolio Purchase

Blackstone Adds Beachwood, OH-Based Shopping Center REIT As Minority Partner In Multi-Tenant Center Sale
CoStar News
June 12, 2014 | 6:09 P.M.

In their third joint venture, DDR Corp. (NYSE: DDR) and an affiliate of Blackstone Real Estate Partners VII have partnered to acquire a 76-center portfolio owned by American Realty Capital Properties Inc. (NASDAQ: ARCP).

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