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 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...