9 Oct, 2024

Kimco Realty acquires shopping center operator Waterford; CBRE to buy 60 Grader

author's image

By Meerub Anjum

S&P Global Market Intelligence presents a list of notable M&A transactions by North America-based real estate investors.

Retail real estate investment trust Kimco Realty Corp. acquired the open-air shopping center operator Waterford Lakes Town Center LLC for about $320 million.

CBRE Group Inc. agreed to acquire Norway-based commercial real estate brokerage firm 60 Grader Næringsmegling As. Eleven professionals from 60 Grader's team will become part of CBRE post deal closing. The transaction is subject to a regulatory conditions.

Real estate brokerage company ERA Wilder Realty Inc. acquired Sand Dollar Real Estate Inc., a property management and island vacation rental services provider, from Lynn Pierotti.

Jones Lang LaSalle Inc. agreed to acquire Raise Commercial Real Estate Inc., a transformative digital real estate platform operator.

SNL Image

Read the previous edition of Real Estate M&A Replay.