PAN PACIFIC TO BUY WESTERN PROP.

SAN DIEGO -- Pan Pacific Retail Properties here said last week it will acquire Emeryville, Calif.-based Western Properties Trust in a deal that would combine two of the West Coast's largest publicly traded grocery-anchored shopping-center owners.ed for nearly 17% of Western Properties' portfolio and would be the largest anchor tenant of the combined companies.Stuart Tanz, president and chief executive

SAN DIEGO -- Pan Pacific Retail Properties here said last week it will acquire Emeryville, Calif.-based Western Properties Trust in a deal that would combine two of the West Coast's largest publicly traded grocery-anchored shopping-center owners.

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