Blackstone Pays $321M For 15 Regency Shopping Centers
Blackstone Real Estate Partners will acquire 2.1 million leasable square feet unencumbered by debt in the deal, expected to close July 25, according to Regency.
The Jacksonville, Fla.-based retail real estate investment trust said the transfer of the 15-property portfolio was consistent with its business strategy.
“The sale of these nonstrategic assets is consistent with the stated...
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