ECHO Realty is a privately held owner and operator of grocery-anchored retail real estate headquartered in Pittsburgh, Pennsylvania. Founded in 2000 by Thomas Karet, the company has developed and redeveloped more than 16 million square feet of neighborhood and regional shopping centers across the Midwest and Southeast. The portfolio consists of retail centers spanning nine states, with operations concentrated in Pennsylvania, Ohio, Indiana, Florida, North Carolina, Maryland, Georgia, Tennessee, and Virginia. The company maintains additional offices in Nashville, Tennessee, and Indianapolis, Indiana. ECHO targets core/stabilized and value-add supermarket-anchored shopping centers and select power centers with a grocery component, primarily located east of the Mississippi River. The platform operates with vertically integrated capabilities across acquisitions, development, property management, leasing, and retail brokerage through its ECHO Retail division. The portfolio is anchored by grocery and convenience store relationships with Giant Eagle, Publix, Harris Teeter, Safeway, ACME Markets, Whole Foods Markets, and Alimentation Couche-Tard's GetGo convenience stores. In June 2026, TPG Real Estate led an investor group including PSP Investments, La Caisse, and Norges Bank Investment Management in acquiring ECHO Realty for approximately $2 billion. The company employs approximately 65 people and targets properties with a minimum investment threshold of $15 million.
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