US·Merger·Retail
Ares Management to acquire Whitestone REIT in $1.7B all-cash deal
Value
$1.7B
Location
Phoenix, Arizona
Date
2026-04-09
Companies
Ares Management, Whitestone REIT
Commercial Observer reported that Ares Management will take Whitestone REIT private in a $1.7 billion all-cash deal. The retail REIT focuses on shopping centers in Arizona and Texas, with significant exposure to the Phoenix area and major Texas metros.
reittake-privateshopping-centersm-a
Source
Commercial Observer