Diamond Bar, Calif. — Foremost Companies has acquired two adjacent shopping centers in Diamond Bar totaling more than 120,000 square feet of leasable commercial space for $23 million.
Investment sales
New York — CPA:17 – Global, a non-traded managed REIT of New York-based W.P. Carey Inc. (NYSE: WPC), has purchased a portfolio of six Midwestern net lease properties leased to an affiliate of The Bon-Ton Stores Inc. (Bon-Ton) for approximately $88 million.