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2023-02-21 21:54:02

Jay Gangwal of IRA Capital speaks at InterFace Health

The Feb. 1 InterFace Healthcare Real Estate West “Investment Market Update” panel discussion included (from left to right): Elliott Sellers of Anchor Health Properties, Jay Gangwal of IRA Capital, Jon Sajeski of Sila Realty Trust, Joe Dominguez of Dominguez Capital Advisory and moderator Travis Ives of Cushman & Wakefield. InterFace...
2023-02-13 16:34:48

IRA Capital Sells SoCal Retail Center for $66M

Ventura, California – The owners of a 157,322-square-foot shopping center in Ventura, Calif., have unloaded the property for $66 million. Newmark announced that private equity firm IRA Capital sold Poinsettia Plaza, but did not disclose the name of the buyer. However, a source familiar with the deal told Commercial Observer that Aribo Corporation acquired the retail...
2023-02-06 08:14:48

IRA Pays $102M for 25-Acre Irvine Office Campus, New Uses...

Irvine, California – Irvine-based IRA Capital LLC has spent more than $100 million to acquire the VKCC creative office campus in its hometown, with potential long-term plans to redevelop the site that’s a few miles from John Wayne Airport into alternative uses, the Business Journal has learned. The commercial real estate investor, which...
2022-08-17 12:07:44

IRA Capital Continues Growth of its Team through Promotio...

          Irvine, California – Southern California private equity firm IRA Capital (“IRA” or the “Company”) today announced the promotion of Daniel Sitz and Azhar Jameeli to the roles of Managing Director, as well as the addition of Austin Lee as Senior Associate. Azhar Jameeli’s promotion to...
2022-07-19 14:33:03

IRA Capital Acquires San Diego Medical Buildings Anchored...

July 15, 2022:  Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two medical office buildings totaling 21,000 square feet predominantly occupied by Scripps Health in Vista, California.   Scripps Health is a $2.9 billion private, nonprofit, integrated health system in San Diego that is ranked...
2022-06-21 16:32:51

IRA Capital Buys Las Colinas Corporate currently serves a...

March 29,2022: The almost 250,000-square-foot campus at 6555 Sierra Drive currently serves as the corporate headquarters for utility firm Vistra Corp. Vistra, a retail electricity and power generation company, has fully leased the campus through 2035, according to the Dallas Business Journal. IRA acquired the complex from a joint venture...
2022-04-11 22:05:58

IRA Capital Announces New Hires and Record Growth Expecta...

March 3,2022: Southern California private equity firm IRA Capital (“IRA” or the “Company”) exceeded its projected growth plans in 2021 and is expected to further increase its investment activity in 2022.  IRA sold one of the largest healthcare real estate portfolios for $620 Million to Nuveen Real Estate last August and...
2022-02-17 02:12:08

CIT Provides $80.7 Million to IRA Capital for Surgical Ce...

NEW YORK, Feb. 16, 2022 /PRNewswire/ — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, Florida, and Alexandria, Louisiana. In Naples, Florida, CIT provided $49.2 million toward the acquisition of a three-story surgical hospital and specialty...
2022-02-15 04:16:21

IRA Capital Acquires Serra Medical Plaza in Thousand Oaks...

February 15, 2022: Southern California private equity firm IRA Capital (IRA) is pleased to announce the acquisition of Serra Medical Plaza, a 13,000 square-foot two-story medical building in Thousand Oaks, California.  The Property was built-to-suit in 2014 and is 100% leased to Thousand Oaks Surgery Center (TOSC) – a leading...
2022-02-03 02:41:26

IRA Capital Acquires Naples Surgical Hospital in Southwes...

February 3, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of Naples Surgical Center, an 86,300 square foot state-of-the art surgical hospital and multi-specialty care center in Naples, Florida. The Class-A medical facility was constructed in 2015 and is 100% occupied by two...
2022-01-28 08:59:22

IRA CAPITAL PAYS $106 MILLION FOR CALIFORNIA SENIOR HOUSI...

January 26, 2022 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly-constructed Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin (Alameda County) and Novato (Marin County).  As one of the most active players in...
2022-01-25 10:44:44

IRA Capital Acquires Medical Buildings at Doctors Hospita...

January 24, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two medical office buildings within the 350-bed Doctors Hospital healthcare campus in Augusta, Georgia. The three-story buildings totaling approximately 85,000 square feet are 100% leased to two tenants, Doctors Hospital of Augusta...
2022-01-14 03:33:48

IRA Capital Acquires University Health Medical Office Bui...

January 14, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly constructed medical office buildings in Martinez (Augusta), Georgia and Aiken, South Carolina. Both buildings are 100% occupied and leased to University Health Care System (“UH”), a leading health system in...
2022-01-13 11:19:16

IRA Capital Acquires ProHealth Care Headquarters in Wisco...

January 13, 2022, IRA Capital (“IRA”) is pleased to announce the acquisition of the ProHealth Care Headquarter Building in Waukesha (Milwaukee), Wisconsin. The 112,000 square-foot premier office property was constructed in 2002 as a built-to-suit headquarter location for ProHealth Care Inc. (“ProHealth”). ProHealth is the largest health system between Milwaukee...
2022-01-13 11:18:48

IRA Capital Acquires UC San Diego Cancer & Health Center

January 11, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of the UCSD Cancer & Health Center located in Vista, California (the “property”). The medical building is approximately 20,000 square feet and is 100% leased to The University of California San Diego Health...
2022-01-13 11:13:49

IRA Capital Acquires CHRISTUS Health Surgical Hospital fo...

January 5, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of Christus Surgical Hospital, an 84,000 square foot, 24-bed multi-specialty surgical hospital in Alexandria, Louisiana.  Built-in 2010, the five-star medical facility has 12 operating rooms and is 100% leased to Central Louisiana Surgical...
2022-01-06 12:36:19

IRA Capital Acquires Premier Orange County Medical Office...

December 17, 2021: Southern California private equity firm, IRA Capital (“IRA”), is pleased to announce the acquisition of the Aliso Viejo Medical Plaza (“the Property”), a medical office building in Orange County, CA.  The asset is strategically located in the affluent neighborhood of Aliso Viejo and is leased to 15...
2022-01-06 12:30:47

IRA Capital Acquires Brooklyn Medical Office Building

December 14, 2021: Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of New York-Presbyterian Medical Building located in Brooklyn, NY (“Property”). The Property is 100% occupied and leased to New York-Presbyterian/Brooklyn Methodist Hospital, one of the nation’s largest and most comprehensive hospital systems, which...
2022-01-06 11:11:03

IRA CAPITAL EXPANDS MULTIFAMILY PORTFOLIO WITH $42M LONG ...

December 6, 2021 IRA Capital (“IRA”) is pleased to announce its $42 Million acquisition of the Long Beach Collective, a 155-unit multifamily portfolio comprising 17 properties primarily located in the North Alamitos Beach submarket of Downtown Long Beach. The Portfolio was acquired off-market at an attractive basis of $270,000 per...
2021-12-09 17:37:05

IRA Capital Acquires Premier Orange County Office for $10...

November 29, 2021 IRA Capital (“IRA”) is pleased to announce the acquisition of 2722 Michelson, a Class-A creative office campus on approximately 9 acres of land at the intersection of Jamboree Road and Michelson Drive in the City of Irvine. The prominent location is the gateway corner to the Irvine...
2021-10-26 22:08:24

IRA Capital Acquires South Florida Surgery Center

October 22, 2021 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of Boca Raton Outpatient Surgery & Laser Center in Boca Raton, FL (“the Property”).  The Property is 100% occupied and leased to an affiliate of Surgical Care Affiliates (“SCA”) –  the largest provider...
2021-10-19 22:29:21

IRA Capital Acquires Class-A Beverly Hills Creative-Offic...

October 14, 2021 IRA Capital (“IRA”) is pleased to announce the acquisition of “The Post,” a Class-A creative office building located in the heart of Beverly Hills, California. The 102,500 square foot property located at 325 North Maple Drive is 92% leased to Live Nation Entertainment Inc (NYSE: LYV), the...
2021-10-11 19:45:05

IRA CAPITAL EXPANDS TEXAS ENDOSCOPY CENTER PORTFOLIO WITH...

October 5, 2021 IRA Capital (“IRA”) is pleased to announce the acquisition of The Digestive Disease Institute, a 21,000 square foot gastroenterology-focused medical office building and surgery center located in Beaumont, TX (“the Property”).  The Property was constructed in 2005 and is 100% leased to two tenants, GI Alliance (“GIA”)...
2021-08-11 22:59:47

IRA Capital Completes Sale of Medical Office and Life Sc...

August 9, 2021 – IRA Capital (“IRA”), a Southern-California based private equity firm and one of the largest private buyers of healthcare real estate in the United States, has completed the sale of a medical office and life science portfolio to Nuveen Real Estate for $620.4 Million. The portfolio totals over...
2021-08-11 22:04:39

IRA Capital Pays $40M for Orange County Apartments

July 26, 2021 – Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of 121 multifamily units in the cities of Costa Mesa and Orange, California.  The 78-unit Orange property is a single-community consisting of 14 separate buildings on adjacent parcels near the intersection of...
2021-08-11 20:26:14

IRA Capital Expands Medical Portfolio With Genesis Health...

August 3, 2021 – Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of the Genesis Center for Digestive Health, a 14,000 square foot medical office building and surgery center 100% leased to Genesis Health in Bettendorf, Iowa. The medical building was constructed in 2004...
2021-08-11 18:11:04

IRA Capital Buys San Antonio Medical Office and Surgery C...

July 29, 2021 – Southern California private equity firm IRA Capital “IRA” is pleased to announce the acquisition of three medical office buildings totaling more than 55,000 square feet located in San Antonio, TX.  The buildings are 100% leased to Gastroenterology Consultants of San Antonio (“GCSA”) on a NNN basis...
2021-08-11 02:33:06

Transactions: Biggest deal of 2021 so far

Healthcare Real Estate Insights:  August 2021 [pdf-embedder url=”https://www.iracapital.com/wp-content/uploads/2021/08/Biggest-deal-of-2021-so-far.pdf” title=”Biggest deal of 2021 so far”]
2020-10-24 03:44:30

IRA CAPITAL ACQUIRES NORTH HILLS HEALTH CENTER FOR $60M

October 21, 2020 – Southern California private equity firm IRA Capital “IRA” is pleased to announce the $60 Million acquisition of North Hills Health Center in Menomonee Falls, Wisconsin.  The medical campus comprises two class-A buildings totaling 119,000 SF that are 100% occupied by Froedtert Health, a five-hospital system and the...
2020-07-26 18:09:29

IRA CAPITAL EXPANDS MEDICAL OFFICE PORTFOLIO WITH FLORIDA...

July 22, 2020 – Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two recently constructed medical office buildings in Jacksonville, Florida and Cincinnati, Ohio. The Jacksonville property is a built-to-suit surgery center 100% occupied by First Coast Orthopedic Center, a partnership between the...
2020-07-13 23:07:18

IRA CAPITAL EXPANDS MEDICAL OFFICE PORTFOLIO WITH PENNSYL...

June 29, 2020 – Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two ambulatory surgery center facilities in the Florida and Pennsylvania markets.  The Pennsylvania property is leased to Pocono Ambulatory Surgery Center (“PASC”), a multi-specialty surgery center operated by Surgical Care Affiliates...
2020-06-18 17:31:23

IRA CAPITAL ACQUIRES NEW YORK MEDICAL BUILDING ANCHORED B...

June 10, 2020 – Southern California private equity firm IRA Capital has purchased a three-story 41,500 square foot medical office building in Manhasset (Long Island) anchored by Mount Sinai Health System and NYU Langone Medical Center. The facility serves as a multi-specialty clinic for Mount Sinai, offering internal medicine, gastroenterology,...
2020-06-18 15:23:48

IRA CAPITAL EXPANDS SOUTHERN CALIFORNIA PORTFOLIO WITH LI...

June 9, 2020 – Southern California‐based private equity firm IRA Capital is pleased to announce the acquisition of a three‐building 160,000 square foot corporate campus in Aliso Viejo, CA (Orange County). The project sits on 12 acres and is 100% leased to Glaukos Corporation (NYSE: GKOS), which shall serve as...
2020-06-04 18:02:16

IRA CAPITAL EXPANDS MEDICAL PORTFOLIO WITH SOUTHERN CALIF...

May 27, 2020 – Southern California private equity firm IRA Capital has purchased a 64,000 square foot medical office building in Covina (Los Angeles County) that is 100% leased to Magan Medical, a multi-specialty group with more than 20,000 managed care patients.   Magan Medical has been serving the community for...
2020-05-27 17:57:25

IRA Capital Acquires Multi-Tenant Medical Building Anchor...

May 14, 2020 – Southern California-based IRA Capital (IRA) is pleased to announce the acquisition of Oviedo Crossing Medical Center, a 22,000 square foot medical office building located in the Orlando suburb of Oviedo.   The 100% occupied multi-tenant property was built in 2004 and is anchored by Orlando Health, one...
2020-05-25 03:00:37

HREI Cover Story: IRA Capital Rises to the Occasion

Healthcare Real Estate Insights:  Cover Story [pdf-embedder url=”https://www.iracapital.com/wp-content/uploads/2021/08/HREICoverStoryMay2020-1.pdf” title=”HREICoverStoryMay2020″]
2020-05-12 04:19:21

IRA Capital Acquires Philadelphia Medical Building Leased...

April 28, 2020 – Southern California-based IRA Capital (IRA) is pleased to announce the acquisition of a single-tenant medical office building in the Philadelphia suburb of Sellersville. The 10,000 square-foot building is 100% occupied by St. Luke’s University Health Network and is a key outpatient gastroenterology specialty clinic and surgery...
2020-05-12 04:14:05

IRA Capital Acquires Cleveland Clinic MOB

April 20, 2020 – IRA Capital “IRA” is pleased to announce the acquisition of a medical office building in Dover, OH that is 100% leased to Cleveland Clinic Union Hospital. The 22,000 sq. ft. building was built for Union Hospital in 2016 as an off-campus urgent care facility located approximately...
2020-05-12 02:45:36

IRA Capital Acquires Medical Office Portfolio Anchored by...

April 22, 2020 – IRA Capital is pleased to announce the acquisition of four high quality medical office buildings totaling 107,000 square feet in the Milwaukee and Chicago MSA’s. Three of the buildings are approximately 80% occupied by Advocate Aurora, the region’s largest health system. The fourth building located in the...
2020-05-07 22:16:50

IRA Capital Acquires Orange County Medical Building Lease...

May 7, 2020 – Southern California-based IRA Capital (IRA) is pleased to announce the acquisition of a 56,000 square foot Medical Office Building in Santa Ana, CA. The building is well-located in an irreplaceable location of Orange County anchored by St Joseph Hospital of Orange, which occupies approximately 98% of...
2018-07-24 01:47:11

IRA Capital sells 60,000 SF South Coast Metro Retail Center

IRVINE, CA, July 2, 2018 – OC Retail Center Sells for $20M  IRA Capital “IRA” has completed the repositioning and sale of a 60,000 SF retail center leased to Burlington and ALDI near South Coast Plaza.  At the time of IRA’s acquisition in 2015, the property was 100% occupied by Burlington...
2018-06-07 22:23:02

IRA Capital adds three Medical Office Buildings totaling ...

IRVINE, CA., May 2, 2018 – Irvine-based IRA Capital has announced the acquisition of three medical office properties totaling 120,000 square feet. One of the buildings is located in the greater Houston market, and two of the buildings are located in the greater Chicago market. Katy Medical Arts is a...
2017-11-07 00:36:33

CBRE Arranges Sale of Lowe's Portfolio for $81.6 Million

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...
2017-10-19 18:34:37

$127.5 million office and industrial portfolio changes hands

St. Louis-based ElmTree Funds recently closed the sale of six real estate assets totaling more than $127.5 million. ElmTree, which is focused on the acquisition and operation of single-tenant, office, industrial and healthcare properties across the United States, closed on the deal to sell the properties to IRA Capital Advisors...
2017-10-19 18:12:38

Pasadena Medical Building Sold by IRA Capital

  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, Arizona, real estate investment firm...
2017-10-04 17:58:49

Ventura Shopping Center Changes Hands

Ventura Shopping Center Changes Hands By Stephanie Henkel Tuesday, July 5, 2016 Poinsettia Plaza, a shopping center in Ventura, has sold for $50 million. Representing itself in the transaction was IRA Capital Advisors of Irvine, which purchased the 153,200-square-foot property from Poinsettia Plaza LLC. Dixie Walker and Charley Simpson from...
2017-09-25 17:32:39

Upland Town Square Sold for $23.8M

NewMark Merrill Cos Divests 100,000 SF in Inland Empire IRA Capital acquired the Upland Town Square shopping center at 813-913 W. Foothill Blvd. in Upland, CA from NewMark Merrill Companies for $23.75 Million, or about $237 per square foot. The 100,350-square foot neighborhood center was built in 1965 on 8.9 acres...
2017-09-18 21:23:13

IRA Capital 2015 Q3 – Acquisitions Update

October 2015 – Acquisitions Update IRA Capital is please to announce the recent acquisition of the following properties:   Two value-add retail centers in California Food 4 Less Marketplace is a 112,334 SF multi-tenant retail center anchored by Food 4 Less in a strong retail trade area within Moreno Valley,...
2017-09-18 21:13:21

IRA Capital 2016 Q2 - Acquisitions Update

2016 Q2 – Acquisitions Update IRA Capital is pleased to announce the following property acquisitions totaling +$70 million during Q2 Poinsettia 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...
2017-09-15 23:18:00

Portfolio of Industrial, Office and Medical Properties Se...

Portfolio of Industrial, Office and Medical Properties Sells for $127.5Mln   A Commercial Real Estate Direct Staff Report   IRA Capital Advisors has paid $127.5 million, or $170/sf, for a portfolio of six industrial, office and medical properties with a combined 750,000 square feet in six states. The properties are...
2017-08-23 22:13:06

IRA Capital Closes MOB Portfolio Sale

IRA Capital LLC sold three Class A properties totaling 137,686 square feet in Dallas–Fort Worth and Austin, Texas. The assets are fully leased to long-term tenants. by Ariela Moraru | Aug 17, 2017   IRA Capital LLC disposed of a three-property medical office portfolio in Dallas–Fort Worth and Austin, Texas....
2017-08-23 22:12:29

IRA Capital Sells 137,686 SF Medical Office Portfolio in ...

IRA Capital Sells 137,686 SF Medical Office Portfolio in Fort Worth, Austin POSTED ON AUGUST 16, 2017 BY TAYLOR WILLIAMS IN HEALTHCARE, TEXAS   Baylor Health Center at Magnolia Greens in Fort Worth is one of three healthcare properties in the sold portfolio.   FORT WORTH AND AUSTIN, TEXAS —...
2017-01-19 18:39:30

Southern Living Showcase home to rise at Tiger Woods’ Hou...

  Southern Living Showcase home to rise at Tiger Woods’ Houston-area golf resort Paul Takahashi Reporter Houston Business Journal A luxury homebuilder will break ground this month on a Southern Living Showcase home at Tiger Woods’ golf resort north of Houston. Morning Star Builders Ltd. is scheduled to break ground...
2017-01-12 22:46:48

153,200-SF Poinsettia Plaza in Ventura Sells for $50 Mill...

IRA Capital Advisors has aquired Poinsetta Plaza, a 153,200-square-foot shopping center...
2017-01-11 21:33:04

IRA Capital Sells Lowe’s Portfolio for $81.5M

March 29, 2015 – IRA Capital announced today that it recently closed their largest sale to date, which was the sale of an $81,500,000 portfolio of 4 Lowe’s Home Improvement stores. Lowe’s Home Improvement is a leading home retailer and is generally regarded as one of the top performers in...
2016-07-13 06:44:29

IRA Capital Acquires Poinsettia Plaza in Ventura for $50 ...

Ventura, Calif. — IRA Capital Advisors has acquired Poinsettia Plaza, a 153,200-square-foot shopping center located in Ventura, for $50 million. The center was 84 percent leased at the time of sale to tenants including Ross Dress for Less, Office Depot, Lamps Plus, FedEx Office, Petco, Starbucks Coffee, Sally Beauty Supply,...
2015-09-08 12:51:26

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...
2015-08-01 09:40:08

IRA Capital Sells Thatcher Medical Center in Pasadena

IRA Capital is pleased to announce the sale of  Thatcher Medical Center in Pasadena, California Thatcher Medical Center (“TMC”) is a 73,564 square-foot, two-building medical office complex in the heart of Pasadena, California. The asset is viewed by the local population as an “iconic” property originally designed and constructed to...
2015-07-01 15:24:11

IRA Capital Acquires Los Angeles Medical Office Building

IRA Capital is pleased to announce the recent acquisition of  Wilbur Medical Plaza, a 52,889 SF medical office building in LA County, CA. Recently renovated, the property now offers upgraded interior/exterior finishes, common areas, and an on-site pharmacy. Wilbur Medical Plaza is conveniently located three blocks from the Providence Tarzana...
2015-05-01 15:33:59

IRA Capital Sells KinderCare Portfolio

IRA Capital is pleased to announce the sale of  a five-property KinderCare Learning Center Portfolio. The well-located, high quality assets were acquire data discount to market valuations. The Learning Centers are located  in Colorado, Illinois, Maryland, and Florida(2). Each asset is in a growing suburban area with above average demographics,...
2015-04-01 06:44:23

IRA Acquires downtown Forth Worth Medical Office Building

IRA Capital is pleased to announce the recent off-market acquisition of a 54,000 SF Class A medical office building in the downtown medical district of Fort Worth, TX The property was a build-to-suit in 2004 for the Tenant, The Center for Cancer and Blood Disorders (“The Cancer Center”), one of...
2015-03-26 08:25:56

IRA Recently sells Banco Popular in Chicago, IL

IRA Capital announced today that Net Lease Income Fund I, LLC recently sold their retail bank ground lease in urban-infill Chicago. The tenant is Banco Popular, which ranks among the 30 largest financial institutions in the United States. IRA Capital is a privately-held commercial real estate investment and management company...
2015-03-26 08:25:56

IRA Recently sells Banco Popular in Chicago, IL

IRA Capital announced today that Net Lease Income Fund I, LLC recently sold their retail bank ground lease in urban-infill Chicago. The tenant is Banco Popular, which ranks among the 30 largest financial institutions in the United States. IRA Capital is a privately-held commercial real estate investment and management company...
2015-03-01 08:20:55

IRA Capital Acquires Burlington Coat Factory near South C...

IRA Capital is pleased to announce the recent acquisition of Burlington Stores, a 58,000 SF single tenant retail property near South Coast Plaza. The property is fully leased to Burlington Stores, Inc. (NYSE: BURL), a $4.2 billion company with 28,000 employees and 523 locations. Strategically located on the Bristol retail...
2015-02-01 15:49:15

IRA Capital Acquires Upland Town Center for $23.75M

IRA Capital is pleased to announce the acquisition of  Upland Town Square, a 104,000 SF Sprout’s anchored shopping center in Upland, CA. The property was acquired through a joint-venture with Artemis Real Estate Partners for a purchase price of $23.75 million. The center was 73.5% leased at acquisition. IRA Capital’s...
2014-12-19 08:36:32

IRA Capital sells Walgreens in Severna Park, MD

IRA Capital, LLC announced today that Net Lease Income Fund I, LLC completed the disposition of a Walgreens drugstore in the Washington DC MSA of Severna Park, MD. The Walgreen Company was founded in Chicago and is the largest drugstore chain in the United States and operates over 7,500 drugstores...
2014-12-04 08:50:54

IRA Capital Sells Fresenius Medical Dialysis Center Facil...

IRA Capital, LLC announced today that Net Lease Income Fund I, LLC completed the disposition of the Fresenius Medical Dialysis Center Facility in Olympia Fields, Illinois. The property is a thriving dialysis center located approximately 27 miles south of downtown Chicago. The Fresenius Group provides products and services for dialysis...
2014-09-30 16:00:16

IRA Sells Verizon Wireless Store in Newnan, GA

IRA Capital, LLC announced today that Net Lease Income Fund I, LLC completed the disposition of a 5,071 square foot Verizon Wireless retail store in Newnan, Georgia. The store location was the top performing relocated store in the region and sits in the center of the trade area and is...
2014-06-27 13:02:16

IRA Capital Acquires KinderCare Portfolio for $16.4M

IRA Capital is pleased to announce the recent acquisition of a NNN portfolio of five freestanding KinderCare Learning Centers located in Colorado, Florida (2), Illinois, and Maryland. The single-tenant properties were built between 2007 and 2009 and leased for an original 15-year term to KinderCare’s parent company Knowledge Universe Education...
2014-06-05 15:55:08

IRA Capital Sells Lakeside Terrace Retail Center in Moren...

IRA Capital, LLC announced today the sale of the 57,157 square feet Lakeside Retail Center Lakeside Terrace in Moreno Valley, CA. The retail center boasts a diverse mix of national credit tenants including CVS, McDonald’s, JPMorgan Chase, DollarTree, Inc. and Popeye’s. Lakeside Terrace is centrally located in a growing master-planned...
2014-03-31 16:13:59

IRA Capital Sells Baylor Surgicare Center in Lewisville (...

IRA Capital, LLC announced today that Net Lease Income Fund I, LLC completed the disposition of the Baylor Surgicare at Lewisville medical center in Lewisville, Texas. The 19,896 square foot surgery center is leased to a partnership comprised of Baylor Health Care System and United Surgical Partners International (USPI). Baylor...
2014-03-28 13:02:03

IRA Capital Acquires Thatcher Medical Center in Pasadena ...

IRA Capital announced today that it has completed the acquisition of Thatcher Medical Center, a 73,564 square-foot, two-building medical office complex in the heart of Pasadena, CA. The asset is viewed by the local population as an “iconic” property originally designed and constructed to be the premier medical office building...
2014-03-01 16:40:56

IRA Capital Sells 90,000 Square Foot Dallas Medical Build...

IRA Capital is pleased to announce the disposition of The Eye Institute of Texas, located in Dallas, TX.  The Sale was completed in March 2014 for $32 Million. This property is 87,965 square feet of medical office building, a four-story ophthalmology center anchored by a surgery center. The occupancy reflects...
2013-10-01 16:07:51

IRA Capital Acquires The Heights at 1301 Student Housing ...

The Heights at 1301 provides off-campus, student housing community that’s just steps away from East Tennessee State University (ETSU). Our community for students is conveniently located close to ETSU’s campus and offers everything a student in Johnson City could ever need. IRA Capital is a privately-held commercial real estate investment...
2012-08-01 16:43:15

IRA Capital Acquires Lakeside Retail Center in Moreno Val...

An affiliate of Newport Beach-based IRA Capital “IRA” has completed the acquisition of Lakeside Terrace in Moreno Valley, CA. The 57,000-square-foot retail center was purchased for approximately $13.9MM. Lakeside Terrace sits on 6.68 acres and is anchored by CVS, McDonald’s, Chase bank, and Dollar Tree. The retail center was purchased...
2012-06-01 15:46:14

IRA Capital Acquires Florida Retail Centers

An affiliate of Newport Beach-based IRA Capital “IRA” has acquired two Florida retail sites totaling 60,000 square-feet for approximately $9MM. The properties are located in Pensacola and Orlando. Fairfield Crossings in Pensacola is 100% leased to Ross Dress for Less, Office Depot, and T-Mobile. The property in Orlando is located...
2012-04-17 16:52:30

IRA Capital Recently Sells Ross Dress for Less in San Jos...

IRA Capital, LLC announced today the disposition of a 27,118 square foot Ross Dress for Less retail store in San Jose, California. Ross Dress for less recently signed a 10 year lease renewal extending their lease expiration until January of 2019 with four 5-year renewal options thereafter. Ross Stores, Inc.,...
2012-04-01 15:34:43

IRA Capital Acquires Eye Institute of Texas MOB

A joint venture led by Newport Beach-based IRA Realty Capital (“IRA”), purchased a 92,000 square-foot medical office building located in Dallas for $25.5MM. The property known as The Eye Institute of Texas was 81% leased at the time of closing. IRA is in discussions with several medical tenants that will...
2011-11-21 13:23:58

IRA Capital Acquires Baylor Surgery Center in Dallas, TX

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...
2011-09-20 13:24:05

IRA Capital Acquires Single Tenant Ross Dress for Less in...

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...
2011-09-02 15:18:04

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...
2011-01-25 15:26:07

IRA Capital Acquires Sams Club Warehouse Off I-85 in Atla...

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....
2010-09-15 15:27:42

IRA Capital Acquires Walgreens Near Notre Dame University

IRA Realty Capital, LLC announced today that Net Lease Income Fund I, LLC completed the acquisition of a Walgreens drugstore in Niles, Michigan – approximately 7 miles from Notre Dame University in South Bend, Indiana. The property is leased on a net-lease basis to Walgreens for an initial term of...
2010-09-10 15:34:37

IRA Capital Acquires Walgreens in Washington DC MSA

IRA Realty Capital, LLC announced today that Net Lease Income Fund I, LLC completed the acquisition of a Walgreens drugstore in the Washington DC MSA. The property is leased on an absolute net-lease basis to Walgreens for an intial term of 20 years. The Walgreens property is positioned on the...
2010-09-10 13:30:42

IRA Capital Acquires Bank Ground Lease in Chicago

IRA Realty Capital today announced that Net Lease Income Fund I, LLC has acquired a retail bank ground lease in urban-infill Chicago. The tenant is Banco Popular, which ranks among the 30 largest financial institutions in the United States. The company was founded in 1893 and has more than $47...
2010-09-10 13:01:53

IRA Capital Acquires Corporate Verizon Store in Atlanta MSA

IRA Realty Capital today announced it has acquired a retail property net leased to Verizon Wireless located at the new Ashley Park retail development in Newnan, Georgia. Verizon has approximately 10 years remaining on the base term of the lease. The store is a relocation store that was expanded. The...
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