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Broad Street to Take Retail Portfolio Public Through Merger With MedAmerica

New Firm Will Feature 2 Million Square Feet in Colorado, Maryland, Pennsylvania, Virginia and Washington, D.C.
The Shops at Greenwood Village in Greenwood Village, Colorado, is expected to be one of the largest properties contributing to a new public version of Broad Street Realty. Photo: CoStar
The Shops at Greenwood Village in Greenwood Village, Colorado, is expected to be one of the largest properties contributing to a new public version of Broad Street Realty. Photo: CoStar

Though U.S. retail sites are struggling with a record number of store closings, limited liability company Broad Street Realty and publicly traded MedAmerica Properties have agreed to merge forming a new firm called Broad Street Realty, which is expected to feature a portfolio of regional shopping centers.

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