First Washington Realty completed the acquisition of Donahue Schriber for $3bn.

First Washington Realty, a commercial real estate agency, completed the acquisition of Donahue Schriber, a real estate investment trust company, for $3bn. “We are thrilled to purchase these grocery-anchored centers and to hire terrific new colleagues, which, together with our existing portfolio and people, will create the leading private, open-air retail platform in the United States. Our combined portfolio will offer the highest quality real estate to retail tenants in the US open air sector," Alex Nyhan, First Washington Realty CEO.