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Blackstone to take grocery-anchored REIT private for $4 billion

San Diego-based Retail Opportunity Investments’ 93 properties are located on the West Coast
Retail Opportunity Investments Corp. owns the 153,158-square-foot Hawks Prairie retail center in Lacey, Washington. (CoStar)
Retail Opportunity Investments Corp. owns the 153,158-square-foot Hawks Prairie retail center in Lacey, Washington. (CoStar)
CoStar News
November 6, 2024 | 10:16 P.M.

Blackstone has cut a deal to take publicly traded Retail Opportunity Investments Corp. private in a $4 billion transaction as grocery-anchored properties are attracting investor interest.

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