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KKR Partners With Colonie Pacific to Acquire N.Y. Mall

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Colonie Center, an upscale mall located approximately two miles from the University of Albany in New York, has been purchased by KKR (NYSE: KKR ) and Colonie Pacific, a partnership consisting of Pacific Retail Capital Partners, Peter Fair of Continuum Partners, and Collarmele Partners, KKR announced Tuesday. Financial terms of the deal were not disclosed.

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