Mid-America Brokers Sale of The Fresh Market Center in Illinois
Glen Ellyn, Ill. – New York-based American Realty Capital Properties Inc. purchased the 30,877-square-foot center for an undisclosed sales price.
…
Glen Ellyn, Ill. – New York-based American Realty Capital Properties Inc. purchased the 30,877-square-foot center for an undisclosed sales price.
…
Shippensburg, Pa. – The property was developed in 2002 and was 94 percent occupied at the time of the sale.
…
Beachwood, Ohio and New York – Blackstone owns 95 percent of the common equity of the joint venture and an affiliate of DDR owns the remaining 5 percent.
…
New York – Approximately 93.5 percent of the portfolio’s leases will be structured with a 25-year initial term; another 6.5 percent will have a weighted average 18.7-year initial term.
…
New York – The new REIT, American Realty Capital Centers, Inc., will own 69 properties in 26 states.
…
New York City and Phoenix — The transaction will create the largest net lease REIT with a value of $21.5 billion.
…
New York City — The transaction is expected to close during the third quarter.
…