REALTY INCOME ACQUIRES EIGHT-STATE INDUSTRIAL PORTFOLIO

by admin

ESCONDIDO, CALIF. – Realty Income, which is based out of Escondido, Calif., has acquired a 12-property industrial portfolio that spans across eight states in a sale leaseback. The portfolio contains a total of 300,000 square feet that is currently leased to one of the nation’s largest environmental services companies. Financial terms were undisclosed. David Sobelman, Calkain Companies’ executive vice president, and Doug Wright, director of the firm’s industrial division, represented the private equity firm that managed the operational transaction.

You may also like