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Announced

Completed

JRW Realty completed the acquisition of a GIANT-Anchored Center in Pennsylvania.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

United States

Recreational Services

Domestic

shopping centers

Acquisition

Private

Majority

Completed

Synopsis

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JRW Realty, a commercial real estate brokerage, completed the acquisition of a GIANT-Anchored Center in Pennsylvania. Financial terms were not disclosed. "We are thrilled to have sourced another high-quality grocery-anchored asset for our client. The impressive performance of the GIANT anchor combined with the appealing demographic trends in this market attest to the attractiveness of this property and will support its continued strong performance for the new owner," Aaron Bush, JRW Realty Associate.

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