Brixmor, Everview and ADIA to Acquire Slate Grocery REIT for $2.34B
Image
New York – September 28, 2026 -- Brixmor Property Group Inc. (NYSE: BRX) and Everview Partners have entered definitive agreements to acquire Slate Grocery REIT in a transaction valued at $2.34 billion, splitting the portfolio between a wholly owned Brixmor acquisition and a newly formed joint venture backed by a subsidiary of the Abu Dhabi Investment Authority.
Brixmor takes wholly owned stake in 23 centers for $636 million
Brixmor will directly acquire 23 grocery-anchored shopping centers totaling approximately three million square feet for $636 million, gaining a 100% interest in 22 assets and a 50% stake in one. The portfolio is 96% leased and sits entirely within Brixmor's existing footprint, concentrated in Florida, Georgia and the Carolinas, with anchors including Publix, Harris Teeter and Kroger.