Brentwood, Tennessee-based GBT Realty raised $1.3 billion earmarked for investment in built-to-suit retail development and shopping center acquisitions to be deployed over the next 18 months.
Since 1987, GBT has been involved in the development, construction, leasing, management and acquisition of more than 40 million square feet of commercial development.
GBT’s $1.3 billion comes from a number of sources, including key capital partner AEW Capital Management out of Boston; a variety of investors including GBT Realty itself, as well as family offices and individuals; and a nearly $500 million in lending commitments…