Brixmor Property Group and Everview Partners agree to acquire Slate Grocery REIT in a deal valued at about $2.3 billion. The companies say Brixmor will acquire 23 grocery-anchored shopping centers in existing markets for about $636 million, while a strategic joint venture with Everview Partners will acquire an additional 92 centers for about $1.71 billion.
The transaction involves a Toronto-listed REIT that holds U.S. real-estate properties anchored by grocery stores. The reported total value varies slightly by outlet, with one source citing $2.34 billion and another describing the deal as approximately $2.3 billion. Both accounts characterize the acquisition as combining existing-market properties with a larger expansion footprint through the joint venture structure, with the goal of generating financial impact for the acquirers.
Across the coverage, the core points are the same: the identity of the buyer team, the two-part structure of the purchases, the grocery-anchored nature of the underlying assets, and the approximate overall price.
