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CMBS loan to fund Blackstone’s $4 billion takeover of grocery center REIT

Retail Opportunity Investments owns portfolio of West Coast shopping centers
5 Points Plaza is a 160,560-square-foot shopping center in Huntington Beach, California, anchored by Trader Joe’s and Big 5 Sporting Goods. (CoStar)
5 Points Plaza is a 160,560-square-foot shopping center in Huntington Beach, California, anchored by Trader Joe’s and Big 5 Sporting Goods. (CoStar)
CoStar News
February 11, 2025 | 11:01 P.M.

Private equity giant Blackstone was scheduled to close Wednesday on its $4 billion acquisition of Retail Opportunity Investments Corp., a real estate investment trust that owns 93 grocery-anchored shopping centers.

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