Wheeler REIT completed the acquisition of Cedar Realty Trust for $291m.

Wheeler REIT, a commercial real estate investment trust, completed the acquisition of Cedar Realty Trust, a real estate investment trust company, for $291m. "We believe this combination of transactions represents the best possible outcome for our common shareholders and we are very pleased with the progress thus far of our dual-track review of strategic alternatives," Bruce Schanzer, Cedar President and CEO.