Ventura, Calif. -- IRA Capital Advisors has acquired Poinsettia Plaza, a 153,200-square-foot shopping center located in Ventura, for $50 million. The center was 84 percent leased at the time of sale to tenants including Ross Dress for Less, Office Depot, Lamps Plus, FedEx Office, Petco, Starbucks Coffee, Sally Beauty Supply,...
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 Recently Sells Ross Dress for Less in San Jose, CA
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 Single Tenant Ross Dress for Less in San Jose, CA
IRA Realty Capital, LLC announced today that it has completed the acquisition of a single tenant Ross Dress for Less in San Jose, California. The property is leased on an absolute NNN basis to Ross Stores for an intial term of 20 years. The 27,118 square foot retail property is...