Daily Market Updates: Pine Tree Acquires Sponsor Interest in $644M SITE Centers Portfolio

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Pine Tree Acquires Sponsor Interest in $644M SITE Centers Portfolio

Reported · Written up by our desk · Residential

Pine Tree, a national owner and operator of open-air shopping centers, announced that it has acquired sponsor interest in a 10-property portfolio recently appraised at $644 million and totaling 3.5 million square feet. Terms were not disclosed. The interest was acquired from SITE Centers in partnership with a large international investor. The transaction grows Pine ... The post Pine Tree Acquires Sponsor Interest in $644M SITE Centers Portfolio appeared first on Connect CRE .

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ConnectCREPine Tree Acquires Sponsor Interest in $644M SITE Centers Portfolio

Real Estate

Pine Tree Acquires Sponsor Interest in $644M SITE Centers Portfolio

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