A partnership of Blackstone Real Estate Partners VII LP and an affiliate of DDR Corp. (NYSE: DDR) has acquired seven shopping centers totaling 2.4 million square feet in Southern California, Washington, D.C., Portland, OR, Harrisburg, PA and Cincinnati. The venture bought the properties for $332 million, including assumed debt of $207 million and $28 million of new mortgage debt, from Regency Retail Partners, LP, a fund of Jacksonville, FL-based...
via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Blackstone-DDR-Buys-Regency-Shopping-Center-Portfolio-for-$332M/151368?ref=/News/Article/Blackstone-DDR-Buys-Regency-Shopping-Center-Portfolio-for-$332M/151368&src=rss
via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Blackstone-DDR-Buys-Regency-Shopping-Center-Portfolio-for-$332M/151368?ref=/News/Article/Blackstone-DDR-Buys-Regency-Shopping-Center-Portfolio-for-$332M/151368&src=rss
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