Greenberg Gibbons launches second real estate income fund targeting $300 million acquisitions

  • Greenberg Gibbons Commercial Corp launched a second private equity real estate fund targeting USD 300 million of East Coast retail acquisitions.
  • Strategy centers on necessity-based shopping centers, including grocery-anchored community, neighborhood, and power centers.
  • Fund II’s first deal was Wakefield Commons in Raleigh, North Carolina, bought for USD 33 million via a joint venture with Wilder.
  • Wakefield Commons is 96.3% leased, marking the firm’s first retail acquisition in North Carolina.


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