Net Leased Property with Publix Tenant Sold $26M

North Palm Beach, Florida - Net Lease Properties news today is that a Publix-anchored shopping center sold for $26.5 million in a short sale. This Shopping Center is called Sunshine Square shopping center and is located in Boynton Beach. Boynton Beach, Florida is approximately 16 miles south of Palm Beach.

This short sale has helped alleviate the pressure for the shopping center owner by satisfying one of the six foreclosure lawsuits that target its properties.

Apparently in March, KeyBank filed a foreclosure action against Woolbright Sunshine and the president of Woolbright Development, over a $28.5 million mortgage covering the shopping center.

Woolbright Sunshine bought the shopping center for $23 million in 2007. The Commercial Real Estate includes a 109,489-square-foot retail center at 501 E. Woolbright Road and a 41,249-square-foot supermarket leased to Publix. Other Tenants include Bealls and Subway.

As of recently is had been difficult to find a Net Leased Property with Publix as a Tenant. Publix is one of the top supermarkets in the country.

Net Lease Properties & Financing Still Available

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, FedEx, Walgreens, Target, Publix or an Industrial property.

Net Leased Property Sold For $4.2 Million

FARMINGTON HILLS, Michigan - Agree Realty Corp. has purchased a retail property Net-Leased to CVS/Caremark Corp. in Atchison, Kan., for $4.2 million. This purchase of the Commercial Real Estate property that is net leased to CVS, supplements their roster of national tenants and continues to diversify their Investment Property Portfolio of net leased retail properties.

A net lease is where the tenant normally agrees to pay for ownership expenses, including utilities, repairs, insurance and taxes. Also, NNN Properties with No Landlord responsibilities in a strong retail area with an above average household income and long term net leases are highly desirable. Net Lease Properties can be purchased individually or on a portfolio basis.

Agree Realty Corporation has an Investment Property Portfolio chock full of net lease properties. As recently as June, 2010, the Company's total assets were $270,353,000. Their Investment Property Portfolio consists of 74 Commercial properties located in 15 states and totaling 3,492,468 square feet of gross leasable space. The Investment Property Portfolio was 99.2% leased at the end of the quarter. Agree Realty Corporation's construction in progress balance totaled approximately $9,738,000 at June 30, 2010. Also the Company capitalized $111,519 of construction period interest during the second quarter of 2010.

Commercial Real Estate Financing Still Available

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, Walgreens, Target, Publix or other Triple Net Lease property.

REIT Obtains a $41 million Construction Loan

Bowling Green, Kentucky - The Sun Products Corp. has agreed to lease a distribution center to be built outside Bowling Green, Kentucky. This leased Commercial Real Estate Building will supply Sun's line of household laundry detergents and cleaners to East Coast consumers.

Real Estate Investment Trust

Investment manager W.P. Carey & Co. LLC said one of its real estate investment trusts (REIT) obtained a $41 million construction loan to build the 1.4 million-square-foot center adjacent to one of Sun's manufacturing plants. These types of large distribution centers are a premier investment for many REITs.

W. P. Carey & Co. LLC is an investment management company that provides long term sale leaseback and build to suit financing for companies worldwide and manages a global investment portfolio approaching $10 billion.

Sun Products will occupy the facility under a long-term, Triple Net Lease that will allow it to consolidate nine other facilities in the Bowling Green area.

A real estate investment trust (REIT) is a company or Group which owns, and in most cases, operates income-producing real estate. The normal REIT might own many types of commercial real estate property investments, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, motels, hotels and even timberlands

Commercial Real Estate Financing Still Available

If a Multifamily Apartment Complex is of interest to you then contact us, for all Florida Commercial Property Listings For Sale. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, FedEx, Walgreens, Target, Publix or an Industrial property. The Florida real estate market is very attractive to many Investors.

Corporate Tenant Lease Portfolio Sold

NEW YORK - Net Lease News for today is that iStar Financial Inc. (NYSE: SFI), a publicly traded finance company focused on the commercial real estate industry, has completed a sale of 32 real properties, or interests therein. This sale of real properties is to various subsidiaries of Dividend Capital Total Realty Trust Inc. The Commercial Real estate properties are leased to a diverse group of corporate tenants, primarily on a triple net lease basis.
iStar's portfolio is highly diversified by product type, geographic area, loan structure and origination vintage.

The aggregate purchase price for the portfolio was approximately $1.35 billion, before closing costs and other items. iStar Financial provided Dividend Capital Total Realty Trust Inc. with mezzanine loans totaling approximately $106 million as part of its financing for the transaction.
These mezzanine loans bear interest at an initial blended rate of 8.8% per annum and have effective maturities of three and five years. The balance of the purchase price was received in cash.

The Company expects to use the proceeds from this transaction to repay a $925 million loan secured by the properties being sold, as well as for general corporate purposes.
Company expects to recognize approximately $250 million gain associated with transaction.

Commercial Real Estate Financing Still Available

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, FedEx, Walgreens, Target, Publix or an Industrial property.

Industrial Building Sells to REIT For $12.6M

Fort Mill, South Carolina - Net Lease Properties News has been informed that Monmouth Real Estate Investment Corp. bought an industrial building in South Carolina for $12.6 million.

Monmouth Real Estate Investment Corporation (MREIC) is a real estate investment trust (REIT) that has been in successful operation since 1968. MREIC invests in Net Leased industrial properties with long-term leases to investment grade tenants. MREIC's current tenants include: Anheuser-Busch, Caterpillar Logistics Systems, Coca Cola, FedEx, Keeber/Kelloggs, Mead Paper, Sherwin-Williams, and Western Container.

The property is net leased to FedEx Ground Package System Inc. through September 30 of 2019. This Industrial building was constructed in 2009

Many net leases have the tenant agreeing to pay for ownership expenses, including utilities, repairs, insurance and taxes.

Commercial Real Estate Financing Still Available

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, FedEx, Walgreens, Target, Publix or an Industrial property.

$250 Million, 5.75% Senior Unsecured Notes Rated 'BBB+'

NEW YORK - Further news regarding yesterdays announcement of the Sale-leaseback of Triple Net Leased Properties.
Fitch Ratings has assigned a 'BBB+' credit rating to the $250 million par value 5.75% coupon rate senior unsecured notes issued by Realty Income Corporation. The notes, which mature in 2021, were issued at 99.404% of par to yield 5.826% to maturity. Realty Income's Issuer Default Rating (IDR) is 'BBB+' and the Rating Outlook is Stable.
The company will use the proceeds from the offering, along with borrowings under Realty Income's revolving credit facility, to acquire 13 winery and vineyard properties. These Commercial Real estate properties are located throughout the Napa Valley in Napa, California, valued at $269 million. The properties are subject to 20-year Triple Net Lease agreements with Diageo Chateau & Estate Wines and are guaranteed by Diageo Plc.

If you are ready to invest in an Apartment Building or Triple Net Lease Properties then contact us, HERE. We have some strong programs for Apartment Building Loans.
Net Lease Properties can also assist with your Commercial Real Estate Mortgage to purchase it.

Sale-Leaseback Transaction for Triple Net Lease Properties

Escondido, California - Realty Income Corporation, the Monthly Dividend Company (R), has recently announced that they have signed a definitive purchase agreement to acquire approximately $269 million of winery and vineyard properties. These Commercial Real Estate properties will be under long-term, Triple Net Lease agreements.

Realty Income will acquire the properties subject to 20-year, Triple Net Lease agreements with Diageo Chateau & Estate Wines and guaranteed by Diageo Plc (NYSE ADR: DEO). Diageo Plc is one of the world's leading premium drinks company. The company produces and distributes more than 65 consumer brands in 180 markets worldwide and carries investment grade corporate debt ratings from Fitch Ratings (A-), Moody's Investors Service (A3) and Standard & Poor's Ratings Group (A-). Diageo's shares are listed on both, the London and on New York Stock Exchanges.

The Commercial Real Estate properties to be acquired are located throughout the Napa Valley in Napa County, California. Napa Valley continues to be the United States premier wine producing region. The Triple Net Lease properties are comprised of approximately 2,000 acres of vineyard properties as well as the winery, production, retail and visitor center buildings of both the Sterling Vineyards winery and the Beaulieu Vineyards (BV) winery with combined leasable space of approximately 400,000 square feet.
Diageo Chateau & Estate Wines will continue to manage and operate the properties and will retain ownership and marketing of their wine brands under this transaction. The vineyards being acquired in the sale-leaseback transaction have been in production for between 25 to 100 years, and the premium grapes grown and processed on the properties are used for several of Diageo's most highly regarded wine brands.

On a side note, Napa Valley is one of the most beautiful areas in our great country, America. If you ever get the chance, it would be a great getaway or perfect for a Romantic weekend with a loved one.

Commercial Real Estate Financing Still Available

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, Walgreens, Target, Publix or other Triple Net Lease property.

Net Lease Properties & Financing

We recently had some questions on Commercial properties and Net Lease Properties.
When commercial rental arrangements are being written out there are a few things to consider. Whether the landlord's responsibilities are limited as in a Triple Net Lease Property. Commercial rentals are not subject to the same set of laws that apply to residential rentals in some states. A common form of lease for commercial properties is a net lease.
A net lease, sometimes referred to as a triple net lease, is an arrangement whereas the lessee (usually the tenant) is responsible for all property taxes, maintenance, insurance and other costs associated with keeping the asset in good working condition.
Compared to a gross lease, the usual form of lease for residential properties. A gross lease is a lease for a set amount of rent each month, with the landlord paying all expenses of the property and its management.
Depending on the property type of the lease, a commercial lease can contain scheduled rent increases over the life of the lease.

Commercial Real Estate Financing Still Available

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a CVS, Walgreens, Target, Publix or other property.

Commercial Real Estate & Job Market

FoxBusinessNetwork — Peter Zalewski talks about the link between the unemployment rate and the commercial real-estate market. Unemployment rates can affect Retail and Shopping Centers, especially Net Lease Properties.

Commercial Real Estate Search & Mortgage Loans

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Triple Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property. See about our new loan programs to purchase a CVS, Walgreens, Target, Publix or other property.

REIT Secures $46.0 Million For 2 Credit Tenant Lease Investments

North Palm Beach, Florida - A real estate investment trust (REIT) focused on single-tenant real estate investments, has announced that it closed on a $37.0 million Non-Recourse Loan (first mortgage loan) secured by its approximately 295,000 square-foot office building. This Commercial Real Estate Investment is located in the University of Utah's Research Park in Salt Lake City, Utah.
The second NNN Commercial Real Estate Investment is used to secure a $9.0 million Non-Recourse Mortgage (a first mortgage loan) is its approximately 128,000 square foot office facility located in Greenville, South Carolina.

The real estate investment trust, (REIT) has one asset in Salt Lake City, Utah is leased to the University of Utah and consists of a leasehold interest with a remaining term of 18 years. This new Non-Recourse loan bears an interest fixed rate of 5.527% and fully amortizes over 18 years.

The real estate investment trust, (REIT) has the other asset in Greenville, South Carolina. This Non-Recourse Mortgage is a fee interest and is leased to a Car Insurance Company for a 20-year term. The new loan requires interest-only payments at a rate of 5.50% and matures on January 15, 2015.

Commercial Real Estate Search & Mortgage Loans

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Triple Net Lease Properties then contact us, Net Lease Properties Site . We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property.

Acquisition of a Net Leased CVS Pharmacy

Farmington Hills, Michigan - Net Lease News for today is that Agree Realty Corporation (NYSE: ADC) has announced it has acquired a retail property. This Commercial Real Estate Investment is net leased to CVS/Caremark Corporation and is located in Atchison, Kansas. The cost of the Commercial Real Estate acquisition was approximately $4,213,000.

Agree Realty is engaged in the ownership, management and development of properties which are primarily single tenant net leased properties. They are also involved with neighborhood community shopping centers, leased to retail tenants.

A Net Lease is where the tenant agrees to pay for ownership expenses, including utilities, repairs, insurance and taxes.

Net Lease Properties & Commercial Loans

CONTACT US HERE for a solid recession resistant net lease investment. We can assist you with your search for Net Lease Investments. Also contact us to sell your existing Net Lease Properties portfolio.

Here are some of the Retail Single Tenants that may be available as a Net Lease Investment or Triple Net Lease Property:

• 24 Hour Fitness Net Lease Properties
  
• 7-Eleven Net Lease Properties
  
• Advance Auto Net Lease Properties
  
• Ahold Net Lease Properties
  
• Applebees Net Lease Properties
  
• Arbys Net Lease Properties
  
• AutoZone Net Lease Properties
  
• Burger King Net Lease Properties
  
• Chase Bank Net Lease Properties
  
• Carl's Jr Net Lease Properties
  
• Chick-fil-a Net Lease Properties
  
• Costco Net Lease Properties
  
• CVS Net Lease Properties
  
• Delhaize Net Lease Properties
  
• Dollar General Net Lease Properties
  
• Dollar Tree Net Lease Properties
  
• Dunkin Donuts Net Lease Properties
  
• FedEx Net Lease Properties
  
• GoodYear Net Lease Properties
  
• Home Depot Net Lease Properties
  
• IHOP Net Lease Properties
  
• KFC Net Lease Properties
  
• Kohl's Net Lease Properties
  
• Kroger Net Lease Properties
  
• Lowe's Net Lease Properties
  
• McDonald's Net Lease Properties
  
• O'reillys Net Lease Properties
  
• Panera Bread Net Lease Properties
  
• Pep Boys Net Lease Properties
  
• Petsmart Net Lease Properties
  
• Publix Net Lease Properties
  
• Rite Aid Net Lease Properties
  
• Safeway Net Lease Properties
  
• Shell Oil Net Lease Properties
  
• Staples Net Lease Properties
  
• Steak-n-Shake Net Lease Properties
  
• Taco Bell Net Lease Properties
  
• Target Net Lease Properties
  
• Verizon Net Lease Properties
  
• Walgreen's Net Lease Properties
  
• WalMart Net Lease Properties
  
• Wendy's Net Lease Properties
  

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.

Triple Net Lease Video, Dollar General

We have a short Video with an explanation of how Dollar General has moved from a Gross Lease Structure to a Triple Net Lease Structure.

Commercial Real Estate Funding & Search For Triple Net Lease Properties

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Triple Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a new property. Let us help you secure financing for a Dollar General, Net Lease Property.

Lender-Owned Apartments sell in Tampa

Tampa, Florida - Marcus & Millichap Real Estate Investment Services has recently announced that 121 units at a failed condominium conversion, named Legacy at Tampa sold for $2.1 million. This equates to $17,355 per unit, which we feel is a fantastic deal for a Commercial Real Estate Investment, especially in Tampa.
This is not a nice return for Compass Bank, which took the condo community back from Group Developers LLC last July. Apparently Group Developers were only able to manage to sell just 47 units averaging just under $182,000 each.

Reports of the Buyer have been hush, hush. We will have to give the Commercial Real Estate Investors very high marks to pull of this purchase of the Legacy at Tampa, Apartment Complex.

Constructed in 1983, the community was operated as an Apartment Community until mid-2006 when it was purchased and converted to condominiums. Sales commenced in 2007, and between May 2007 and March 2008 some 47 condos were sold at an average price of $181,864 per unit.

The location of Legacy at Tampa is at 13801 N. 37th Street in Tampa, Florida.

Commercial Real Estate Search & Non-Recourse Loans

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Triple Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property.

Multi-Family Investment Property Sells in Naples

Naples, Florida - Net Lease Properties information today is regarding the Apartment Building Sector. Investment Firm TGM Associates LP has purchased the 360-unit Bermuda Island Apartments for $29.5 million. The Investment Property price equates to $81,944 per unit for the Multi-Family Apartment complex. One of the factors to help produce the sale of this Multi-Family Complex is approximately 90% occupied, with Tenants.

The Multi-Family Investment, on Livingston and Vanderbilt Beach roads, is adjacent to the Ritz Carlton’s Tiburon Resort and Club.

This Apartment Complex was completed in 1998 and this Multi-Family community consists of 12 three-story residential Apartment buildings of wood frame and hardy plank construction. This Multi-Family Investment contains 376,512 square feet of net area for Lease. The Apartment buildings feature one, two and three bedroom floor plans ranging in size from 662 sf to 1,606 sf.

Bermuda Island Apartment Buildings are surrounded by a two-acre lake. The gated complex also features a 2,000-square-foot fitness center, garages, a beach volleyball court, a jogging path and two lighted tennis courts. Apartments in the development lease from $769 a month for a two-bedroom unit to $1,069 for a three bedroom apartment for lease.

TGM Associates will manage the facility. The New York City-based Investment Firm already owns the Floresta Apartments and Vintage at Abacoa Apartments in Jupiter, Florida and Hunters Way Apartments in Jacksonville.

Commercial Real Estate Search & Non-Recourse Loans

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property.

Commercial Real Estate Foreclosures up in Dallas

Dallas / Fort Worth, Texas - Commercial Real Estate Property foreclosures in North Texas have climbed 63 percent so far this year. Apartment complexes are among the hardest hit.

So far in 2010, 1,393 foreclosure postings were filed on Commercial Real Estate Properties in Dallas, Tarrant, Collin and Denton Counties.
The number of postings for Local Apartment Building Complexes has jumped 44 percent to 191. Office building postings increased 21 percent to 116. Most of the Apartments Buildings posted for foreclosure were older complexes.

On a more positive note, foreclosure postings for Retail Buildings and Single Tenant Net Lease Properties fell 13 percent to 110.

Many of the miscellaneous buildings are owner-occupied or single-tenant users who have been hurt more than most by the recession.

If you know someone in this position, we have an Investment Group looking to purchase Apartment Buildings. We would gladly look at your Apartment Complex or Triple Net Lease Properties for a purchase.
If you are a owner of an Apartment Complex and you would like to refinance, contact us HERE for a Non-Recourse Loan.

Non Recourse Loans Available

Try this site out for a Non Recourse Loan.

Let the loan experts assist you in finding a Non-Recourse Fixed Rate Retail Loan or Government Loan.
They will get you the best terms possible in today's marketplace!

Click here for Non Recourse Loan

NNN Commercial Real Estate always tries to get a Non Recourse Loan when available. The Non Recourse Loan is excellent when purchasing a Triple Net Lease Property.

Sunny Isles Apartment Building Sold

Prime location forNet Lease Properties

SUNNY ISLES BEACH, Florida - The 308-unit, Vista View Apartments sold for $31.25 million. The Buyer was Jamestown, a real estate investment and development firm with a home base in Atlanta. Jamestown actively pursues distressed residential and hotel opportunities that advance the firm’s strategic focus.
Jamestown firmly believes in the growth of the Miami submarket and the potential of Beach Place.
The Apartments are located at 17094 Collins Avenue in Sunny Isles Beach, Florida 33160.

Vista View Apartments is four buildings near Sunny Isles Beach. Jamestown will make renovations and upgrades over the next few years and continuing to operate the apartments under a fresh identity known as Beach Place.
Sunny Isles is close to the always exciting South Beach, Miami Florida.
This is not a Triple Net Lease Property opportunity but still a nice investment.

Net Lease Properties mentions Progress made at Old Spanish Village

CORAL GABLES, Florida - Old Spanish Village has updates from Net Lease Properties. The $350 million New Urbanism development in Coral Gables, is progressing steadily. The exterior structure of the first building, part of Phase I of The Villas, is complete. Underground utilities and underground infrastructure are 90% complete. Construction of Phase I began in April 2008, and the first of seven buildings in this phase will be complete in April.

The Spanish-inspired grand archway, which serves as the village’s entry and symbolizes the realization of the vision of Coral Gables’ founder George Merrick, was inaugurated in January.
Merrick Park is an excellent meeting spot for Net Lease Properties.

To date, approximately 40% of the luxury units in the 49-residence El Prado, part of Phase II, have been reserved. Construction on El Prado will begin in the third quarter of 2009.

Ponce Circle Developers is a joint venture between racing-promotion legend Ralph Sanchez and prominent regional development firm Mas Group.

Net Lease Properties & Commercial Loans

CONTACT US HERE for a solid recession resistant net lease investment. We can assist you with your search for Net Lease Property Investments. Also contact us to sell your existing Net Lease Properties portfolio.

Here are some of the Retail Single Tenants that may be available as a Net Lease Investment or Triple Net Lease Property:

• 24 Hour Fitness Net Lease Properties
• 7-Eleven Net Lease Properties
• Advance Auto Net Lease Properties
• Ahold Net Lease Properties
• Applebees Net Lease Properties
• Arbys Net Lease Properties
• AutoZone Net Lease Properties
• Burger King Net Lease Properties
• Chick-fil-a Net Lease Properties
• Costco Net Lease Properties
• CVS Net Lease Properties
• Delhaize Net Lease Properties
• Dollar General Net Lease Properties
• Dollar Tree Net Lease Properties
• Dunkin Donuts Net Lease Properties
• FedEx Net Lease Properties
• GoodYear Net Lease Properties
• Home Depot Net Lease Properties
• KFC Net Lease Properties
• Kohl's Net Lease Properties
• Kroger Net Lease Properties
• Lowe's Net Lease Properties
• McDonald's Net Lease Properties
• O'reillys Net Lease Properties
• Panera Bread Net Lease Properties
• Pep Boys Net Lease Properties
• Publix Net Lease Properties
• Rite Aid Net Lease Properties
• Safeway Net Lease Properties
• Shell Oil Net Lease Properties
• Staples Net Lease Properties
• Steak-n-Shake Net Lease Properties
• Taco Bell Net Lease Properties
• Target Net Lease Properties
• Verizon Net Lease Properties
• Walgreen's Net Lease Properties
• WalMart Net Lease Properties
• Wendy's Net Lease Properties

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for CTL Financing, Non Recourse Loans and Commercial Loans at Loanrise.com.