Atlanta - CBRE has arranged the sale of a four-asset portfolio comprised of four freestanding, single-tenant Lowe's Home Improvement stores in Atlanta metropolitan statistical area totaling approximately 532,735 square feet for $81.6 million. Chris Bosworth, John Read, Will Pike, Philip Voorhees, Jimmy Slusher and Brian Pfohl of CBRE represented the...
IRA Capital 2016 Q2 – Acquisitions Update
2016 Q2 - Acquisitions UpdateIRA Capital is pleased to announce the following property acquisitions totaling +$70 million during Q2Poinsettia Plaza (Ventura, CA) Poinsettia Plaza is a 153,00 SF retail center located off the 101 Freeway and Telephone Road in Ventura, CA. The center is 84% occupied by a strong mix of...
IRA Capital Sells Pasadena Medical Building for $28 Million
August 2015- IRA Realty Capital saw a $6 million gain late last month when it sold a Pasadena medical office property it acquired just last year. While it might scream “flip,” the five-year-old Newport Beach private equity firm was approached by a partnership led by Tucson, Ariz., real estate investment...