Nontraded REIT- Page 54 of 69

Nontraded REIT

June 8, 2016

Phillips Edison Grocery Center REIT I, Inc. Acquires Grocery-Anchored Shopping Center

June 06, 2016 12:00 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT I, Inc. (the “Company”) today announced the strategic acquisition of a grocery-anchored shopping center, expanding the Company’s portfolio in Massachusetts. Northwoods Crossing is a 159,562 square foot grocery store-anchored shopping center in Taunton, Massachusetts, a suburb 40 miles south…

June 6, 2016

Phillips Edison Grocery Center REIT II, Inc. Acquires Six Grocery-Anchored Shopping Centers in Five States

June 06, 2016 12:00 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the strategic acquisition of six grocery-anchored shopping centers, expanding the Company’s portfolio in Florida, Massachusetts, Connecticut, Texas and Nevada. Crosscreek Village is a 66,660 square foot grocery store-anchored shopping center in St. Cloud,…

June 6, 2016

NorthStar/RXR Announces Initial Investment

Jun 01, 2016, 16:05 ET from NorthStar/RXR New York Metro Real Estate, Inc. NEW YORK, June 1, 2016 /PRNewswire/ -- NorthStar/RXR New York Metro Real Estate, Inc. (NorthStar/RXR) announced today that it made its initial investment by acquiring an indirect minority interest in 1285 Avenue of the Americas, a commercial office building in midtown…

June 6, 2016

Suniland Shopping Center in Pinecrest Sells for $56M Profit

Purchased for $10.4M BY JOSH BAUMGARD JUN 1, 2016, 12:41P Suniland Shopping Centervia Terranova Terranova’s Suniland Associates Ltd. just sold Suniland Shopping Center for a whopping $66.5 million to Denver-based Dividend Capital Diversified Property Fund. The 82,000-square-foot property was originally purchased beginning 22 years ago in two transactions, notes the release, in 1994 for $9.3…

June 2, 2016

Carter Validus Mission Critical REIT II, Inc. Acquires Healthcare and Data Center Properties in Development

June 01, 2016 12:43 PM Eastern Daylight Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) announced the acquisition of the following properties: Vibra Rehabilitation Hospital of Rancho Mirage (“Vibra Rehab”), which is located in Rancho Mirage, California, was acquired by CVMC REIT II on March 1, 2016, for a purchase…

June 1, 2016

Moody National REIT II Acquires Seattle Marriott Springhill Suites

PR Newswire HOUSTON, May 31, 2016 HOUSTON, May 31, 2016 /PRNewswire/ -- Moody National REIT II, Inc. announced that it acquired the Marriott SpringHill Suites Hotel ("SpringHill Suites Seattle") in Seattle, Washington for $74.1 million, excluding closing costs. Located on the southeast corner of Stewart Street and Yale Avenue in downtown Seattle, the 234 room…

May 31, 2016

Strategic Storage Growth Trust, Inc. (SSGT) Acquires Brand New Self Storage Development in Phoenix

SOURCE: Strategic Storage Growth Trust May 27, 2016 14:29 ET PHOENIX, AZ--(Marketwired - May 27, 2016) - Strategic Storage Growth Trust, Inc. (SSGT), which is sponsored by SmartStop Asset Management, LLC, recently closed on its first "certificate of occupancy" transaction. The newly-constructed facility is located in the South Mountain Village area of Phoenix, AZ.…

May 31, 2016

American Healthcare REIT Buys in Sacramento as Market Heats Up

May 27, 2016 | by Alex Girda | Commercial Property Executive Sacramento is heating up in terms of its residential market, and investors are hoping improvement will translate to the commercial side. Sacramento, Calif.–The sponsors of Griffin-American Healthcare REIT IV have gone public with the news that the investment trust is set to acquire a Sacramento-area…

May 27, 2016

Warehouse District lot, once earmarked for housing, sells for $5.7 million to parking REITs

By Michelle Jarboe, The Plain Dealer | May 26, 2016 at 11:25 AM, updated May 26, 2016 at 2:24 PM | Cleveland.com West Coast parking investors have acquired a large surface lot at the western edge of downtown Cleveland's Warehouse District, in a deal that makes near-term development seem unlikely. On May 11, MVP REIT, Inc., and MVP REIT II, Inc.,…