IRA Capital announced today that it has completed the acquisition of the Baylor Surgicare Center at Lewisville through its Net Lease Income Fund I. The property is located in the Dallas / Ft. Worth area and is net-leased for an original 20-year term to a partnership comprised of United Surgical...
IRA Capital Acquires Single Tenant Ross Dress for Less in San Jose, CA
IRA Realty Capital, LLC announced today that it has completed the acquisition of a single tenant Ross Dress for Less in San Jose, California. The property is leased on an absolute NNN basis to Ross Stores for an intial term of 20 years. The 27,118 square foot retail property is...
IRA Capital Acquires Verizon Corporate Headquarters
An affiliate of Irvine-based IRA Realty Capital (“IRA”) has purchased the 152,000-square-foot Verizon Alabama State Headquarters and Call Center in Huntsville. IRA’s recent acquisition was structured as a joint venture between IRA and a Persian-Gulf based equity fund, with JP Morgan providing the debt financing. According to IRA founding partners...
IRA Capital Acquires Sams Club Warehouse Off I-85 in Atlanta, GA
IRA Realty Capital, LLC announced today that Net Lease Income Fund I, LLC – through one of its subsidiaries, has completed the acquisition of a Sam’s Club warehouse in Atlanta, Georgia. The property is leased on an absolute NNN basis to Sam’s Club for an intial term of 20 years....