Jan 21 2016 | Article by: The DI Wire KBS Real Estate Investment Trust III Inc., a publicly registered non-traded REIT, purchased the Carillon office tower in uptown Charlotte, North Carolina from Hines for $147 million plus closing costs. In 2007, Hines, on behalf of its U.S. Core Office Fund LP, purchased the property for $140…
Nontraded REIT
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,…
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…
Inland Acquires Grocery-anchored Marketplace at Tech Center
JANUARY 12, 2016 | BY MELONIE MESSINA |Chain Store Age Newport News, Va. -- Inland Real Estate Income Trust announced the acquisition of the approximately 210,000-sq. ft. Marketplace at Tech Center, a newly constructed grocery-anchored power center, in Newport News, Virginia. Mark Cosenza, VP of Inland Real Estate Acquisitions facilitated the purchase of the property on…
W. P. Carey Inc.’s CPA:18 Global Acquires Industrial Site And Headquarters In Menomonee Falls, Wisconsin
Area Development News Desk (01/08/2016) | W.P. Carey Inc., a global net lease real estate investment trust specializing in corporate sale-leaseback and build-to-suit financing and the acquisition of single-tenant net lease properties, announced that CPA:18 – Global, one of its managed non-traded REITs, acquired a 550,000-square-foot corporate headquarters and industrial printing facility for approximately $23 million…
Hartman Announces Regional Sales Director Appointment
January 08, 2016 5:10am |Benzinga |Houston, TX (PRWEB) Hartman Income REIT Management, Inc. is proud to announce the appointment of Travis Hamlin as its Regional Sales Director for its Western Region, where he will be responsible for sales of Hartman investment programs in all western states except California. Before joining Hartman, Mr. Hamlin served for…
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