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RPT Realty Alums, Bain Capital Partner To Buy Open-Air Shopping Centers

Joint Venture Will Seek Out Retail Properties Throughout North America
Bain Capital Real Estate and 11North Partners are looking to acquire grocery-anchored, open-air shopping centers like this one in Louisville, Kentucky, owned by Kimco Realty. (CoStar)
Bain Capital Real Estate and 11North Partners are looking to acquire grocery-anchored, open-air shopping centers like this one in Louisville, Kentucky, owned by Kimco Realty. (CoStar)
CoStar News
April 3, 2024 | 9:44 P.M.

Several veterans of RPT Realty, a former publicly traded owner and operator of a national portfolio of open-air shopping centers that was acquired by Kimco Realty this year, are partnering with Bain Capital Real Estate to acquire and operate open-air shopping centers — a property type that's hot with investors — throughout the United States and Canada.

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