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Washington DC & Mid-Atlantic  + Pennsylvania  + Retail  |  October 28, 2025
Jasmine Kilman
By: Jasmine Kilman

CenterSquare Acquires Six Starbucks-Anchored Retail Properties

CenterSquare has acquired a high-quality, six-property collection totaling 45,996 square feet. This portfolio is strategically located in the established retail corridors of Fort Lauderdale, Fort Myers, Charlotte and Indianapolis.

The portfolio boasts an 84% national tenancy mix and five Starbucks drive-throughs anchoring the portfolio. This acquisition brings CenterSquare’s ESR portfolio to 68 properties nationally, reinforcing our commitment to resilient, service-oriented retail.

Founded in 1987, Pennsylvania-based CenterSquare is a global real estate investment manager focused on actively managed real estate strategies. Earlier this year, the firm also acquired Colonnade at Kings Grant, a 21,265 square foot, three-building essential service retail property in Charlotte, North Carolina.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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