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 all...
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 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...
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...
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...
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...
IRA Capital Sells Baylor Surgicare Center in Lewisville (Dallas), TX
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...
IRA Capital Sells 90,000 Square Foot Dallas Medical Building for $32 Million
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...
IRA Capital Acquires The Heights at 1301 Student Housing Building in Johnson City, TN
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...
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...