Greenberg Gibbons has launched its second private equity real estate fund, which will target $300 million in retail shopping center acquisitions across the East Coast. It also announced the fund’s first acquisition — Wakefield Commons, a 163,975-square-foot neighborhood shopping center located in Raleigh, N.C.
“The launch of our second fund and acquisition of Wakefield Commons represents an important milestone for our firm,” said Eric Walter, president of Greenberg Gibbons. “Our first fund validated both the strength of our platform and the durability of necessity-based retail. With this second fund, we’re expanding that strategy — deploying capital into high-quality assets across the East Coast, where we can apply our integrated approach to drive performance, create value, and continue delivering strong outcomes for our investors.”
The Greenberg Gibbons Real Estate Income Fund II will target essential, retail-driven shopping centers including grocery-a
