Announced
Completed
Synopsis
Town Lane, a boutique, relationship-driven real estate investment manager, completed the acquisition of retail platform and 27-asset retail portfolio of ShopOne Centers, a vertically integrated management, development, and operating platform. Financial terms were not disclosed. “We appreciate the trust placed in Town Lane to steward the ShopOne platform through its next phase of growth. We are excited about the opportunities ahead with the ShopOne team led by CEO Chris Reed, who is also investing in the transaction. ShopOne’s differentiated capabilities position us well to continue investing across the retail landscape,” Tyler Henritze, Town Lane Managing Partner.
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