Retail, Value Add

Baltimore, Md. (June 5, 2026) — Greenberg Gibbons, one of the East Coast’s premier real estate developers, investors, and operators, announced today it has launched its second private equity real estate fund that will target $300 million in retail shopping center acquisitions across the East Coast. It also announced the Fund’s first acquisition of Wakefield Commons, a 163,975-square-foot neighborhood shopping center located in Raleigh, N.C.

The Greenberg Gibbons Real Estate Income Fund II will target essential, retail-driven shopping centers including grocery-anchored community, neighborhood, and power centers. Investments will focus on properties in premier locations across stable, growing markets that generate consistent income and offer opportunities to improve tenant mix, enhance operations, pursue selective redevelopment, and long-term value creation through active asset management.