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 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...
IRA Capital Acquires Poinsettia Plaza in Ventura for $50 Million
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,...
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...
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...
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...
IRA Capital Sells Lakeside Terrace Retail Center in Moreno Valley, CA
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...
IRA Capital Acquires Lakeside Retail Center in Moreno Valley, CA
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...
IRA Capital Recently Sells Ross Dress for Less in San Jose, CA
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.,...
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...