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Tag Archives: Million
Hanley Investment Group Sells Single-Tenant NNN Leased Restaurant Investment in Pico Rivera, Calif. for $1.4 Million – Free Press Release Center
offering authentic, fresh-made Mexican food. The purchase price was $ 1,400,000, which represented a cap rate of 6.50%. The tenant has 7 years remaining on the lease. Situated in Los Angeles County, La Barca Restaurantes, is located at 8407 Washington … Continue reading
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Tagged Cap, cap rate, free press release, investment group, Million, NNN, pico rivera, press, Sells, tenant nnn
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Charles Dunn Company Closes $1.2 Million Multifamily Sale in Los Angeles – PRLog.Org (press release)
PRLog.Org (press release) Charles Dunn Company Closes $1.2 Million Multifamily Sale in Los AngelesPRLog.Org (press release)According to Glenn, the seller was looking to reduce management responsibilities while the buyer found the low gross rent multiplier and attractive cash flow greatly … Continue reading
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Tagged cash flow, charles dunn company, Dunn, gross rent multiplier, management responsibilities, Million, press, press release, PRLog, Seller
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Office-Retail Segment of Trophy Atlanta Tower Under Contract for $167 Million – Real Estate Channel
Real Estate Channel Office-Retail Segment of Trophy Atlanta Tower Under Contract for $167 MillionReal Estate ChannelOn a property level basis, 3344 Peachtree is expected to yield a going-in cash capitalization rate in the first year of the investment of 6.5%. … Continue reading
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Tagged capitalization rate, Channel, ChannelOffice-Retail, contract, Million, peachtree, property, real-estate, retail segment, trophy
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Invesco Buys DC Building for $220 Million – Real Estate Alert
Invesco Buys DC Building for $220 MillionReal Estate AlertThe price tag of roughly $665/sf translates into a 4.9% capitalization rate – the lowest seen recently in that market. Cap rates for core office properties … and more » read more
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Tagged Buys, cap rates, Capitalization, capitalization rate, core office, Invesco, market cap, Million, tag
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Excel Trust Acquires and Signs Contracts for an Additional $157 Million in … – MarketWatch (press release)
Excel Trust Acquires and Signs Contracts for an Additional $157 Million in …MarketWatch (press release)Excel Trust purchased this multi-tenant community shopping center on August 30, 2010 for approximately $33.5 million at an approximate capitalization rate … and more » read more
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Tagged 5 million, Capitalization, capitalization rate, Community, community shopping center, Million, press, press release, raquo, tenant community
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Allied Properties Real Estate Investment Trust Announces $50 Million in Class … – MarketWatch (press release)
Allied Properties Real Estate Investment Trust Announces $50 Million in Class …MarketWatch (press release)The $50 million purchase price for the three properties represents a capitalization rate in excess of 8% applied to the annual net operating income ("NOI") … and … Continue reading
Artis Announces $62.6 Million of New Acquisitions and $70 Million Equity Offering – Marketwire (press release)
Artis Announces $62.6 Million of New Acquisitions and $70 Million Equity OfferingMarketwire (press release)The purchase price for the Grande Prairie Power Centre is $43.7 million, which represents a going-in capitalization rate of 7.5%. Artis expects to finance … and more » … Continue reading
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Tagged 6 million, acquisitions, Announces, Artis, capitalization rate, Equity, grande prairie, Million, New, prairie power
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