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Blackstone REIT Makes Its First Retail Acquisition During Pandemic

New Joint Venture Partnership With Kimco Includes Six Grocery-Anchored Centers in Southeast US
Pembroke Commons in Pembroke Pines, Florida, is one of six retail centers owned in a joint venture between Blackstone Real Estate Income Trust and Kimco Realty. (CoStar)
Pembroke Commons in Pembroke Pines, Florida, is one of six retail centers owned in a joint venture between Blackstone Real Estate Income Trust and Kimco Realty. (CoStar)
CoStar News
October 28, 2021 | 2:54 P.M.

Blackstone Real Estate Income Trust has agreed to become a 50% joint venture partner in six grocery-anchored shopping centers in the Southeastern United States.

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News | Blackstone REIT Makes Its First Retail Acquisition During Pandemic