Mergers & AcquisitionsMedium•28 September 2026•
1 min read
Brixmor Property to Acquire Slate Grocery REIT in $2.34 Billion Deal
Key Facts
1Brixmor Property Group and Everview Partners announced a definitive agreement to acquire Slate Grocery REIT in a transaction valued at $2.34 billion.
2Brixmor will directly acquire 23 shopping centers for $636 million, while a joint venture with Everview will acquire an additional 92 centers for $1.71 billion.
Brixmor Property Group and Everview Partners announced a definitive agreement to acquire Slate Grocery REIT in a transaction valued at $2.34 billion. According to a PR Newswire statement, Brixmor will directly acquire 23 shopping centers for $636 million, while a joint venture with Everview will acquire an additional 92 centers for $1.71 billion.
The acquisition aims to leverage Brixmor's operating platform at scale and provide immediate earnings accretion through the addition of 115 grocery-anchored shopping centers. BRX closed at $28.07 on September 25, 2026, with the stock trading between a low of $27.56 and a high of $28.09 during that session.