EL7.AI
Mergers & AcquisitionsMediumUpdated•Originally published 28 September 2026•Updated 28 September 2026•
1 min read

Brixmor to Acquire Slate Grocery REIT in $2.3 Billion Deal

Handshake between Brixmor and Slate Grocery REIT logos over $2.3B in gold letters and shopping center buildings.

Key Facts

1Brixmor Property Group and Everview Partners agreed to acquire Slate Grocery REIT for $13.00 per unit in cash.
2The total value of the acquisition transaction is approximately $2.3 billion USD.

Brixmor Property Group and Everview Partners agreed to acquire Slate Grocery REIT for $13.00 per unit in cash. Business Wire reported that the total value of the acquisition transaction is approximately $2.3 billion USD. The acquisition aims to consolidate grocery-anchored real estate assets under the Brixmor and Everview joint venture.

BRX closed at $28.07 on September 25, 2026, with the stock reaching a session high of $28.09 and a low of $27.56. The deal establishes a clear valuation floor for Slate Grocery REIT units and represents a significant consolidation within the retail real estate investment trust sector.