TPG Real Estate-Led Group Acquires ECHO Realty for Approximately $2 Billion

TPG Real Estate, in partnership with other global investment groups including PSP Investments, La Caisse, and Norges Bank Investment Management, has acquired ECHO Realty. The transaction is valued at approximately $2 billion. ECHO Realty is a full-service owner and operator specializing in grocery-anchored retail real estate, with a portfolio of approximately 230 retail centers primarily located across the Midwest and Southeast.