Blackstone to acquire 60% stake in 2 malls

Blackstone Group reportedly agreed to acquire stakes in two shopping malls from Glimcher Realty Trust for about $195 million. The deal includes a 60% stake in the Lloyd Center mall of Portland, Ore., and the WestShore Plaza Mall in Tampa, Fla.

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This story published in ICSC SmartBrief on 11/04/2009





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