J.P. Morgan Global Real Estate Daily News and Research Summary

Research evidence excerpt

J.P. Morgan Global Real Estate Daily News and Research Summary

J P M O R G A N North America Equity Research

08 June 2026

J.P. Morgan Global Real Estate

Daily News and Research Summary

REITs & Real Estate Services

Anthony Paolone, CFA AC

(1-212) 622-6682

anthony.paolone@jpmorgan.com

J.P. Morgan Securities LLC

Michael W. Mueller, CFA ACAmericas

(1-212) 622-6689

• A TPG Real Estate-led investor group, including PSP Investments, La Caisse, michael.w.mueller@jpmorgan.comJ.P. Morgan Securities LLC

and Norges Bank Investment Management, has acquired Echo Realty for about

Adrian E Huerta

$2 billion, as reported by CoStar News. The deal gives the group ownership of

(52-81) 8152-8720

approximately 230 grocery-anchored shopping centers across key Midwest adrian.huerta@jpmorgan.com

and Southeast U.S. markets. Link to the article (subscription required). J.P. Morgan Casa de Bolsa, S.A. de C.V., J.P.

Morgan Grupo Financiero

• Olmstead Properties, in partnership with Vertex Properties, has acquired the Richard Jones, CFA

office building at 19 West 44th Street in Midtown Manhattan from Savanna for (61-3) 9633-4038

$108 million, The Real Deal reported. The 303,000 sf property, built in 1917, richard.b.jones@jpmorgan.com

is around 80% occupied. The asset last traded in 2017 for $195 million. Link J.P. Morgan Securities Australia Limited

to the article (subscription required). Neil Green, CFA

• CTO Realty Growth has sold the Madison Yards retail center in Atlanta’s (44-20)neil.d.green@jpmorgan.com7134-4478

Reynoldstown neighborhood, to Heitman Capital Management and the J.P. Morgan Securities plc

Tennessee Consolidated Retirement System for $73.3 million ($451/sf), as Karl Chan

reported by Commercial Search. The 162,500 sf property was 97% leased at (852) 2800-8513

the time of sale.