grocery-anchored retail portfolio Acquired by CBRE Investment Management | Real Estate Services M&A Deal

CBRE Investment Management has completed the acquisition of a grocery-anchored retail portfolio, a real estate services other business in the United States, for $29M. The target owns and operates supermarket and grocery-anchored retail assets, supporting stable tenant demand and cash-flow characteristics for investors. CBRE Investment Management acquisitions in real estate services M&A focus on portfolio scale and diversification across U.S. retail locations. The platform acquisition is categorized as private equity acquisition and is sized at $25M–$50M, with the announced deal value reported at $29M.