Kite Realty Group Trust Announces Acquisition of Shopping Center in Nashville for $37.5M

Kite Realty Group Trust (NYSE: KRG ) announced today that it has acquired Cool Springs Market in Franklin, Tennessee (Nashville MSA). The Company acquired the 224,000 square foot center for a purchase price, exclusive of closing costs, of $37.5 million. The center is 95% leased and is anchored by