Bain Capital Real Estate and 11North Partners Form Joint Venture to Invest in Open-Air Retail Centers

BOSTON & NEW YORK--(BUSINESS WIRE)--Bain Capital Real Estate (“Bain Capital”) and 11North Partners (“11North”), a retail focused investment platform, today announced the formation of a strategic partnership to acquire and operate open-air retail centers throughout the U.S. and Canada. The platform will employ a broad investment mandate, targeting retail opportunities across the risk-return spectrum, and will predominantly focus on open-air retail assets with a high concentration of necessity-ba