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 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 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 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 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...
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...