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...
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...
$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...
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 Holualoa...
Ventura Shopping Center Changes Hands
Ventura Shopping Center Changes HandsBy 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 Cushman...
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...
IRA Capital 2015 Q3 – Acquisitions Update
October 2015 - Acquisitions UpdateIRA 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, CA....
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...
Portfolio of Industrial, Office and Medical Properties Sells for $127.5Mln
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 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. HFF...