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RE Journals Article

St. Louis-based ElmTree Funds recently closed the sale of six real estate assets totaling more than $127.5 million. ElmTree, which is focused on the acquisition and operation of single-tenant, office, industrial and healthcare properties across the United States, closed on…

Ventura Shopping Center Changes Hands

Ventura Shopping Center Changes Hands By Stephanie Henkel Tuesday, July 5, 2016 Poinsettia Plaza, a shopping center in Ventura, has sold for $50 million. Representing itself in the transaction was IRA Capital Advisors of Irvine, which purchased the 153,200-square-foot property…

CBRE Arranges Sale of Lowe’s Portfolio for $81.6 Million

Atlanta – CBRE has arranged the sale of a four-asset portfolio comprised of four freestanding, single-tenant Lowe’s Home Improvement stores in Atlanta metropolitan statistical area totaling approximately 532,735 square feet for $81.6 million. Chris Bosworth, John Read, Will Pike, Philip…

Pasadena Medical Building Flipped

  IRA Realty Capital saw a $6 million gain late last month when it sold a Pasadena medical office property it acquired just last year. While it might scream “flip,” the five-year-old Newport Beach private equity firm was approached by…

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