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Israeli-listed firm enters $276 million deal for US shopping center portfolio

Medipower seeks to grow its mid-Atlantic grocery holdings
Medipower most recently acquired the Springfield Avenue Marketplace in Newark, New Jersey, in May for $37.5 million. (CoStar)
Medipower most recently acquired the Springfield Avenue Marketplace in Newark, New Jersey, in May for $37.5 million. (CoStar)
CoStar News
September 4, 2025 | 7:06 P.M.

Israeli-listed investment company Medipower Group has signed an agreement to acquire a portfolio of 16 grocery-anchored shopping centers in Pennsylvania and Maryland for about $276 million.

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News | Israeli-listed firm enters $276 million deal for US shopping center portfolio