COSTA MESA, CA—Donahue Schriber Realty Group (DSRG), a privately-held REIT specializing in retail, has received a $250 million equity investment from institutional investors advised by J.P. Morgan Asset Management and New York State Teachers' Retirement System.

Each have provided $125 million in capital which will fund acquisitions focused on grocery-anchored neighborhood and community shopping centers, as well as power centers in high barriers to entry markets along Coastal California to the Pacific Northwest.

This additional equity comes on the heels of Donahue Schriber acquiring three properties in the past 60 days - Village Oaks Shopping Center, a 320,000 square foot center anchored by Target and Safeway located in San Jose; Gilman Village, a 91,300 square foot Whole Foods Market anchored center in Berkeley; and Westgate North, a Safeway anchored center in the greater Seattle/Tacoma, WA area.