Nuveen Real Estate acquires 13-property western U.S. retail portfolio for $446m
Monday, November 2, 2026 · first reported by IREI and 1 other
Nuveen Real Estate bought a 13-property retail portfolio for $445.5 million, JLL announced Monday. The centers are in California (six), Colorado (four) and Washington (three), total 1.89 million square feet of open-air space and are 93.5 percent leased. The price works out to about $236 per square foot.
Bank provided $239 million of financing on 11 of the 13 properties, covering 54 percent of the purchase price. Anchor tenants include Safeway, Walmart Neighborhood Market, Sprouts, FoodMaxx and Grocery Outlet. JLL represented Nuveen.
- Also named
- JLL
- Deal value
- $446M
- Asset class
- Real estate
- Geography
- North America
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