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 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 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...