KKR buys Colonie Center mall in Albany

April 9 Tue Apr 9, 2013 6:11pm EDT

April 9 (Reuters) - Private equity firm KKR & Co said its affiliates and clients, including KKR Financial Holdings, acquired Colonie Center, a mall in Albany, New York.

KKR partnered with Pacific Retail Capital Partners, Collarmele Partners and Peter Fair for the deal, terms of which were not disclosed.

Colonie is a 1.3 million square foot mall with over 113 stores and generates an estimated $245 million in annual retail sales.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article