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 sells Walgreens in Severna Park, MD
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 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 Near Notre Dame University
IRA Realty Capital, LLC announced today that Net Lease Income Fund I, LLC completed the acquisition of a Walgreens drugstore in Niles, Michigan – approximately 7 miles from Notre Dame University in South Bend, Indiana. The property is leased on a net-lease basis to Walgreens for an initial term of...
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...