January 19, 2016 | Dan Rafter | REJournals.com It’s been predicted for years now, the demise of the brick-and-mortar retailer. But while consumers do continue to flock to the Internet for their purchases, brick-and-mortar stores seem to have regained their own momentum. JoAnn McGuiness, chief operating officer of Oak Brook, Illinois-based Inland Real Estate Income…
Asset Manager News & Perspectives
Calcagni Commercial Represents Both Sides of Cheshire Big Y Sale
Tuesday, January 19, 2016 | JILLIAN MORUZZI | PR Web Everybody’s Plaza Acquired by Cincinnati, OH REIT CHESHIRE, CONNECTICUT (PRWEB) JANUARY 15, 2016 On December 30th, Calcagni Commercial represented both sides of the sale of Cheshire, Connecticut’s Everybody’s Plaza. Located at 1029 South Main Street, the neighborhood shopping center of 50,905 square feet is anchored by…
Sonterra Village Shopping Center in San Antonio Acquired for $21.5M
by Anca Gagiuc | January 18, 2016 | Commercial Property Executive A new 42,492-square-foot shopping center in the San Antonio metro area has been acquired by InvenTrust Properties Corp. San Antonio, Texas—Sonterra Village Shopping Center has found a new owner. InvenTrust Properties Corp. spent $21.5 [caption id="" align="alignright" width="300"] Trader Joe’s at Sonterra Village Shopping Center,…
Industrial Property Trust Announces Fourth Quarter 2015 Acquisition Activity
Wednesday, January 13, 2016 10:45 PM UTC | EconoTimes Business DENVER, Jan. 13, 2016 (GLOBE NEWSWIRE) -- Industrial Property Trust Inc. (“IPT”), an industrial real estate investment trust that owns and operates distribution warehouses throughout the United States, announced today that, during the fourth quarter of 2015, it had acquired, either directly or through its…
NorthStar Income II Originates Three Debt Investments Totaling Over $112 Million
NEW YORK, Jan. 13, 2016 /PRNewswire/ -- NorthStar Real Estate Income II, Inc. (NorthStar Income II) announced today that it recently originated a $46.0 million senior loan and two subordinate interest investments totaling $66.7 million. Hotel Portfolio | Atlanta, Georgia $46.0 million senior loan secured by a 101-room full-service hotel located in midtown Atlanta and…
InvenTrust Properties Corp. Announces Acquisition of Sonterra Village Shopping Center in San Antonio, Texas
InvenTrust Increases Footprint in San Antonio MSA January 14, 2016 02:34 PM Eastern Standard Time | Business Wire OAK BROOK, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that it has acquired Sonterra Village Shopping Center (“Sonterra Village”), a newly-built, 42,492 square foot shopping center located in San Antonio, Texas for approximately $21.5…
CPA:18 – Global Acquires Wyndham Stuttgart Airport Messe Hotel for $33.8 Million
Sale-leaseback of high-quality property adds to German hospitality assets in portfolio January 13, 2016 07:30 ET from CPA:18 -- Global | PR NewsWire NEW YORK, Jan. 13, 2016 /PRNewswire/ -- W. P. Carey Inc., a global net lease REIT specializing in corporate sale-leaseback andbuild-to-suit financing and the acquisition of single-tenant net lease properties, announced that CPA®:18…
CNL’s Corporate Capital Trust Reschedules Offering Close
Jan 12 2016 | DI Wire Corporate Capital Trust Inc., a non-traded business development company sponsored and advised by CNL Financial Group and KKR, reported that investments in the company’s common stock will now close on February 12, 2016 to investors who purchase shares through the independent broker-dealer channel. The company indicated that investments will…
Strategic Storage Trust II, Inc. (SST II) Amends Credit Facility With KeyBank With Maximum Expansion Size of $500 Million
Press Release: Strategic Storage Trust II, Inc. – 1/13/16 |Yahoo Finance via Marketwired LADERA RANCH, CA--(Marketwired - Jan 12, 2016) - Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently announced the amendment of its credit facility with KeyBank. The amended credit facility is a revolving credit facility that…
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