IRA Capital 2016 Q2 – Acquisitions Update

2016 Q2 – Acquisitions Update

IRA Capital is pleased to announce the following property acquisitions totaling +$70 million during Q2

Poinsettia Plaza (Ventura, CA)
Poinsettia Plaza is a 153,00 SF retail center located off the 101 Freeway and Telephone Road in Ventura, CA. The center is 84% occupied by a strong mix of national tenants which include Ross Dress for Less, Petco, and Office Depot, among others.

 

Hauser-Ross Eye Institute (Sycamore, IL)
The Hauser-Ross Eye Institute is a brand-new 36,000 SF Class-A Medical Office Building and Surgery Center. The property is adjacent to a prominent Northwestern Medicine hospital campus and was acquired as part of a sale-leaseback for a 20 year term to the region’s leading ophthalmology group.

University of Texas Medical (Houston, TX
The 18,000 SF multispecialty clinic was constructed as a build-to-suit in 2014 for UT Physicians, which is the University of Texas clinical practice. The property also has a thriving medical imaging practice operated by Memorial Hermann Health System with CT Scan, Ultrasound, and X-ray capabilities.

IRA Capital is a real estate private equity company focused on creating and maximizing value through the strategic acquisition and management of assets. IRA Capital has acquired approximately $700 million of commercial real estate throughout the country since 2010. The principals of IRA Capital have more than seventy years of combined real estate experience and have transacted on over $4 billion across a range of asset classes and geographic markets, with a proven track record of profitability. IRA Capital is aggressively looking for investment opportunities.

Please submit all opportunities for consideration to: acquisitions@iraCapital.com

Amer F. Kasm                                 Samir M. Patel                                 Jay H. Gangwal                                 Mohannad S. Malas                             (949)258-7402                               (949)258-7403                                (949)258-7404                                   (949)258-7412                                 akasm@iraCapital.com                 spatel@iraCapital.com                  jgangwal@iraCapital.com               mmalas@iracapital.com


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