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3 Firms Guide TPG-Led Group's $2B Echo Realty Grocery Buy

The company name Harris Teeter appears in white font on a brick shopping store entrance underneath a clear sky

By Al Barbarino

A global consortium led by TPG has agreed to purchase grocery-anchored Echo Realty in a transaction valued at about $2 billion, with plans to expand Echo's leasing and management business while growing acquisition initiatives, according to a Friday deal announcement. 


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