IRVINE, CA, July 2, 2018 – OC Retail Center Sells for $20M IRA Capital “IRA” has completed the repositioning and sale of a 60,000 SF retail center leased to Burlington and ALDI near South Coast Plaza. At the time of IRA’s acquisition in 2015, the property was 100% occupied by Burlington...
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 Acquires Upland Town Center for $23.75M
IRA Capital is pleased to announce the acquisition of Upland Town Square, a 104,000 SF Sprout’s anchored shopping center in Upland, CA. The property was acquired through a joint-venture with Artemis Real Estate Partners for a purchase price of $23.75 million. The center was 73.5% leased at acquisition. IRA Capital’s...
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...
IRA Capital Acquires Walgreens in Washington DC MSA
IRA Realty Capital, LLC announced today that Net Lease Income Fund I, LLC completed the acquisition of a Walgreens drugstore in the Washington DC MSA. The property is leased on an absolute net-lease basis to Walgreens for an intial term of 20 years. The Walgreens property is positioned on the...