Best Buy and PetSmart Net Leased Properties in Texas

Dallas, Texas - The Net Lease Properties information today is from The Big D area, Dallas, Texas. The Waxahachie Crossing Retail Shopping Center in Waxahachie, Texas has sold for $15.5 million. Inland Real Estate Acquisitions Inc. purchased this net leased property for approximately $160 per square foot. Inland Real Estate Acquisitions, Inc. purchased this net leased property with an agreement for Inland Diversified Real Estate Trust, Incorporated.

This triple net lease property sits in Waxahachie which is approximately 27 miles South of Dallas. This triple net leased property is part of the Dallas MSA (metropolitan statistical area). The triple net lease property is situated off Highway 77 with approximately 29,000 cpd (cars per day) and Highway 287 with approximately 39,711 cpd (cars per day). The net leased property in Waxahachie which is the county seat of Ellis County. We do not have information on the Commercial Loans on this NNN Lease Investment acquisition.

This Texas net leased property is an approximately 96,979-square-foot retail shopping center with high quality Tenants. The net leased property, Waxahachie Crossing shopping center, is anchored by Best Buy, Ross Dress For Less and PetSmart. The net leased property is fairly new as it was built in 2009. Some other NNN Lease Properties tenants on this deal include Famous Footwear, Maurices and an AT&T cellular store. The Texas Retail Shopping Center is approximately 97% leased. The net leased property has shadow-anchored properties which are Home Depot and a JC Penney, however they were not included in this NNN Lease Investment acquisition.

Waxahachie Crossing shopping center has triple-net leases with the superb tenants and those Tenants pay their own taxes, insurance and common area maintenance. The Waxahachie Crossing shopping center Anchor tenants have newly inked 10-year NNN leases. Some of the other net leased property tenants are on five-year original term leases.

The net leased property, Waxahachie Crossing, should continue to prosper as this area has an excellent industrial and distribution job base. Also NNN Lease Investments in the area are near a Walgreen’s distribution center and major facilities for Owens Corning, Dart Transit, Baylor Medical and U.S. Aluminum.

In the immediate area is the Waxahachie Towne Center located on 1450 US Highway 77 North. This retail power center has Target, Lowe’s and Belk. The net lease properties are surrounded by various national restaurant chains. Waxahachie Towne Center is a large net leased property that is approximately 405,779 square feet. The net leased property, Waxahachie Towne Center currently offers probably the strongest regional draw in Texas retail sub-market.

The Waxahachie Towne Center, Texas Retail Shopping Center,, also consists of other fine net lease tenants such as Mattress Giant, Fantastic Sams, Marble Slab Creamery, Anytime Fitness, CiCi's Pizza, Wing Stop, Sally Beauty Supply, and Radio Shack. Also this Waxahachie Towne Center Power Center has pad sites bringing in traffic which are Chili's, Olive Garden Italian Restaurant, Long John Silver's, A&W, Chick-fil-A, Johnny Carino's, Panda Express, and Fire Mountain. This Texas Net Leased Property owns one of the most visible and accessible retail locations in Dallas submarket.

The net leased property Buyer, Inland Real Estate Acquisitions, Inc. is the purchasing arm for various entities which are a part of The Inland Real Estate Group of Companies, Inc. (“Inland”). Inland Real Estate Acquisitions has a corporate headquarters in Oak Brook, Illinois. Inland Real Estate Acquisitions, Inc. has been ranked one of the largest net leased retail shopping center owners in North America. Inland Real Estate Acquisitions also is one of the top managers of retail net leased properties in the United States. Recent reports in 2010 showed that Inland Real Estate Acquisitions owned and managed in total more than 123.2 million square feet of NNN commercial real estate, spread out in 47 states.

Inland Diversified Real Estate Trust, Inc. is currently a public, non-listed commercial real estate investment trust (REIT). This real estate investment trust has an investment strategy that seeks to acquire and develop NNN commercial real estate located in the United States and Canada. The Oak Brook, Illinois-based real estate investment trust also seeks potential acquisition opportunities of other REITs or commercial real estate operating companies.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement property.






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Streets of Buckhead Retail Property Changes Developers

Atlanta, Georgia - This afternoon our Net Lease Properties information is on a massive development that had stalled. This distinctive retail net leased property and mixed-use development is in Buckhead, the upscale suburb of Atlanta. The commercial real estate developer, OliverMcMillan has acquired The Streets of Buckhead. OliverMcMillan has plans for this to restart construction on this stalled mixed-use commercial real estate project. This retail net leased property development consists of six-blocks, and on eight-acres for development of a luxury mixed-use project. This Commercial Real Estate transaction is scheduled to close soon.

The commercial real estate development firm, OliverMcMillan, is from San Diego, California. The Commercial Real Estate Developer OliverMcMillan was brought in December to finish this project that will cost approximately $1.5 billion. This project "The Streets of Buckhead" was anticipated to be the Atlanta's answer to "Rodeo Drive”. The economic problems had brought a halt to this highly anticipated luxury retail commercial real estate development.

This commercial real estate development firm, OliverMcMillan, is well known for mixed-used developments. Apparently, financial backers on this project suggested OliverMcMillan to take over for the well-known Atlanta developer Ben Carter. Atlanta developer Ben Carter had a fantastic plan for "The Streets of Buckhead" and he started this retail, mixed-used development in 2006.

The financial backers believe the San Diego firm OliverMcMillan will bring in an influx of investment property financing. Atlanta developer Ben Carter and his team had put in hard work but the economy and financial crisis were too difficult to overcome.

The Streets of Buckhead is situated in the heart of Buckhead, which is already an area with outstanding triple net lease properties, and retail shopping centers. The Streets of Buckhead is not OliverMcMillan’s first rodeo. OliverMcMillan has developed plenty of mixed-use commercial real estate projects. OliverMcMillan has been developing commercial real estate for about 20-years. The CEO of OliverMcMillan, Dene Oliver, believes that "The Streets of Buckhead" is a prime example of transforming urban properties into extremely attractive retail and mixed-use property developments. OliverMcMillan plans for this project to be a special pedestrian-oriented mixed-used development which will coincide with the historic jewel community of Buckhead.

OliverMcMillan is approaching The Streets of Buckhead project as an opportunity to really shine. OliverMcMillan has been reported as promising to make this a Class A development in Buckhead, with high-end retail net leased space, and excellent restaurants and cafés. The Streets of Buckhead design plan will be tweaked to welcome people who want to live in of of two residential apartment / Condominium towers. To finish out the mixed-use property development, OliverMcMillan will boutique offices that can be net leased. This luxury shopping district in Buckhead (Atlanta) will be designed to be the envy of the South. Palm Beach's Worth Avenue may want to take note of the plans from the OliverMcMillan commercial real estate development firm.

OliverMcMillan has a reputation for success and creating award-winning commercial real estate developments. The OliverMcMillan firm purchased a 489-unit, 48-story project, in the later part of 2009. That project is situated in Honolulu, and is called Pacifica. When OliverMcMillan firm took over that project it was approximately 43% complete. OliverMcMillan restarted construction on that $300 million mixed-use property and then renewed a sales program in February of 2010. That Honolulu condominium project is currently about 84% sold, already topped out, and moving on to be completed in the Fall of 2011. The OliverMcMillan firm is currently working on more troubled commercial real estate developments in California. Those troubled commercial developments are located in San Francisco and San Diego.

The Streets of Buckhead will become an exclusive, luxury retail and mixed-use redevelopment. This retail development is being constructed in place of Atlanta's former Buckhead Village. This luxury retail development sits in the middle of Atlanta's affluent Buckhead community.

Here's what can be found within The Streets of Buckhead:
*Nearly 600,000 square feet of retail and restaurant space dedicated to internationally celebrated, iconic brands, including such sought-after names as Hermes, Oscar de la Renta, Brioni, jeweler Van Cleef & Arpels, Brunello Cucinelli and many more.
*Many of the world's finest restaurants such as Japonais, Delicatessen, Le Bilboquet, Chef Art Smith and many more.
*"Art on the Streets," an arts program that will display extraordinary works of contemporary artwork and sculpture in prominent locations throughout The Streets of Buckhead. This program started with artwork produced by Frank Stella, "K.3" (2007)
*Within a few miles and easily accessible from four major highways I-75, I-85, I-285 and the Georgia 400

Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or 1031 exchange opportunities.

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Facebook in Sale-leaseback with Silicon Valley Property

Menlo Park, California - Our Net Lease Properties news today is from an excellent area in California, the town of Menlo Park. This commercial real estate news involves some big names in Silicon Valley and beyond. Facebook will be moving its corporate headquarters to the old Sun Microsystems campus in Menlo Park.

Facebook is to acquire the former corporate campus of Sun Microsystems first. Facebook will then dive into a sale-leaseback with Deutsche Bank AG’s RREEF. RREEF LLC is a commercial real estate asset manager for Deutsche Bank AG. RREEF LLC had represented their client, the Wisconsin State Investment Board, and bought the property from Oracle for approximately $100 million. We are not aware if Deutsche Bank AG’s RREEF was entered into a 1031 Exchange with this property.

The sale-leaseback property was constructed between 1993 and 1995. The net leased property was the corporate headquarters for Sun Microsystems until it was acquired by Oracle. Facebook will rent the commercial property that is approximately one million square-feet. This sale-leaseback property is a nine building campus. Facebook will enter into a 15-year sale-leaseback contract. Facebook worked diligently and has an option to purchase this net leased property in five years.

This is the largest net lease deal in Silicon Valley since 1991, back when Apple signed an a net lease agreement on approximately 865,116-square-feet. Facebook, one of the fast-growing companies, is moving their headquarters from Palo Alto, California. Facebook was looking for a space that they can grow into, taking care of their long-term business needs. This will also allow them to remain in the Silicon Valley area and be in an area that offers a "small-community feel."

When this deal was wrapping up, Facebook acquired the adjacent commercial property. That commercial property is owned by an affiliate of the car manufacturing Titan, Ford Motors. These two Menlo Park commercial properties are connected via an underground commuter tunnel. However Facebook has no current plans to develop that commercial property, and can use that for future growth of a joint venture (JV).

Facebook has agreed in their net lease property deal to foot the bill for remodeling the building, to suit its needs. Obviously, Facebook can afford this as they recently received a major investment worth approximately $1.5 billion. The general contractor who is currently renovating one of the newly acquired buildings is SC Builders Inc. of Sunnyvale, California.

The sale-leaseback property is located at 10 Network Circle, in Menlo Park, with 94025 as their zip code. The sale-leaseback property is situated on 57 acres. Facebook Employees will be able to move to the new corporate headquarters in waves. The plan could have Facebook Employees start to move as soon as June or July. The growing company, Facebook employs over 2,000 people. Currently, Facebook has approximately 1,400 of them are in the Palo Alto location. Facebook also has offices in 10 United States cities and a dozen international locations, including London, Tokyo and in Paris, France.

Menlo Park is a magnificent area, just a few minutes away from the current Palo Alto Facebook headquarters. This south Bay Area is excellent for NNN Commercial Real Estate and has been a venture-capital hub for quite some time. Some of the (VC) Venture Capital Firms headquartered here are Khosla Ventures, Kleiner Perkins Caufield & Byers, Sequoia Capital and Silver Lake Partners. These Venture capital firms are heavily populated along the Sand Hill Road area.

Contact Net Lease Properties to sell your net lease properties, or purchase NNN Property.

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



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1031 Exchange in Triple Net Lease Properties

Rochester, New York - This afternoon we delve into various Net Lease Properties. We have information on are MOB's (medical office buildings) and triple net lease properties for Distribution Centers. We wanted to report that Broadstone Net Lease, Inc. (BNL) purchased three "NNN" triple net lease properties in New York, Colorado and Missouri. The price paid for the combination of the three triple net lease properties is $36.1 Million. This compilation of properties are ripe for a 1031 Exchange.

The first triple net lease property acquired is the Unity at Ridgeway medical office building (MOB). The triple net leased property, Unity at Ridgeway medical complex recently opened in 2010. Some reports place this triple net leased property in Greece, New York and others give it a Rochester, New York address. The new triple net leased property is a 120,000 square-foot medical office complex and is the second largest in the area. The four-story, triple net lease property is the largest construction project to be completed in Greece, New York at the time of completion. This "NNN" Triple Net Lease Property has "Green" features also. As the push for "Green" commercial property continues, this triple net lease property is prepared. The triple net leased property features qualified the complex for LEED (Leading in Engineering and Environmental Design) certification with the United States Green Building Council.

This triple net lease property used as a “green” medical office building is located at 2655 Ridgeway Avenue. Owners of the triple net lease property use the address of Greece, New York, and it sits across the street from the Unity Hospital campus. Unity Hospital has master-leased the entire building for an "NNN" term of 20 years, with a majority of space subleased to Hospital affiliates. Some green features of the triple net lease property include a geothermal heat pump system for heating and cooling. A feature that was not so welcome from the Seinfeld TV Show is that this property has low-water flow (LOW FLOW) plumbing fixtures and instantaneous water heaters. This NNN Lease Investment also has a site plan that protects natural habitats; local, drought-resistant landscape plantings. A feature that makes this suitable for "Green" qualifications are the white roof “cool roof”, which will reflect solar heat. And there are bike racks and showers and changing facilities for Tenants of the triple net lease property.


The other two triple net lease properties acquired in this Investment Property portfolio are in Westminster, Colorado and St Louis, Missouri. Broadstone Net Lease Inc., bought a 20,473 square foot triple net lease property. This NNN Lease Investment is leased to Guardian Urgent Care Center. This NNN Commercial Real Estate is located in Westminster, with an initial net lease term of 15 years. Westminster is approximately 27 miles west of the Denver International Airport (DEN), located at 8500 Peña Blvd, Denver, with 80249 as the zip code.

The last triple net lease property to speak of today was a distribution center located in St. Louis, Missouri. Broadstone Net Lease Inc. bought this property and it is leased to Jeffco Trucking for an initial term of 20 years. This triple net leased property is 81,000 square-feet. Broadstone Net Lease, Inc. acquired 21 net-lease properties in 2010, for a total purchase price of $83.1 Million. There were no reports if the Seller of these triple net lease properties was in a 1031 Exchange as of yet.

Broadstone Net Lease, Inc. is a private Commercial Real Estate Investment Trust (REIT) that invests in freestanding, single-tenant, net-leased properties located throughout the United States. Broadstone Net Lease, Inc. now holds a diversified portfolio of medical office buildings (MOB), restaurant, net leased convenience stores, specialty office and distribution centers. Broadstone Net Lease, Inc. has an Investment Property Portfolio that includes 74 commercial properties located in 21 states in America. Broadstone Net Lease, Inc. is currently targeting net lease properties acquisitions in the $5 to $15 million range. The REIT (real estate investment trust) has most recently received certification as a Women's Business Enterprise by the Women's Business Enterprise National Council.

NNN commercial real estate investing can be extremely rewarding, financially and personally, so if you are searching for your triple net lease properties, Search Net Lease Properties now.

If you need financing for Commercial Real Estate or Sale-Leaseback financing, you can apply for CTL Financing, and Commercial Loans at Loanrise.com.



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Triple Net Leased Medical Office Buildings

Newport Beach, California - Net Lease Properties has information this morning on triple net leased properties involving medical office buildings (MOB).

Nationwide Health Properties, Inc. is a publicly traded real estate investment trust (REIT) that has net lease investments with medical office buildings (MOB) throughout the United States. NHP has solid gains by triple-net leases, and are growing its asset base while others pull back.

NHP acquires commercial real estate and then leases the assets under long-term triple-net leases to senior housing and long-term care operators. They also offer various types of net leases to multiple tenants in the case of medical office buildings. This looks like a wise strategy in today's economic climate to get into triple net leased properties. Nationwide Health Properties has their Corporate Headquarters on Newport Center Drive, in Newport Beach.

As of recent reports the Company's portfolio of net lease properties, include properties owned by unconsolidated joint ventures which totaled 628 properties. These commercial real estate investments are among the following segments: 283 senior housing facilities, 206 skilled nursing facilities, 120 medical office buildings, 11 continuing care retirement communities, and 7 specialty hospitals.

Net Lease Properties & Commercial Loans

If a Net Lease Property is of interest to you then contact us, HERE. We can assist you with your search for Net Lease Property Investments.

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

•AutoZone Net Leased Properties
•Burger King Net Leased Properties
•Costco Net Leased Properties
•CVS Net Lease Investments
•FedEx Net Leased Properties (Federal Express Net Leased Properties)
•Home Depot Net Leased Properties
•Kohl’s Net Leased Properties
•Kroger Net Leased Properties
•Lowe’s Net Leased Properties
•McDonald’s Net Leased Properties
•Oreilly’s Net Leased Properties
•Publix Net Leased Properties
•Safeway Net Leased Properties
•Staples Net Leased Properties
•Steak n' Shake Net Leased Properties
•Target Net Leased Properties
•Walgreens Net Leased Properties
•Wal-Mart Net Leased Properties
•Wendy's Net Leased Properties

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

Net Lease Investment Portfolio Sold

Lancaster, Pennsylvania - Net Lease Properties news today is on a net leased investment portfolio which was sold. Pennsylvania Real Estate Investment Trust (PREIT) sold the net leased investment portfolio for approximately $134 Million. RioCan Real Estate Investment Trust did a joint venture with Cedar Shopping Centers, Inc for this acquisition. These Companies purchased the portfolio of five net leased grocery anchored and retail centers located in Pennsylvania, Virginia, and New Jersey.

The five net lease properties include the following:

New River Valley Center is located in Christiansburg, Virginia, approximately 55 miles north of the Virginia / North Carolina state border. This leased retail center is in close proximity to Virginia Tech University. New River Valley is a 165,000 square foot new format retail center which was built in 2007. The tenants at the property include a 30,000 square foot Best Buy (lease carries to 2018), Old Navy, Ross Dress for Less, Bed Bath & Beyond, Staples, and PetSmart.

Pitney Road Plaza is located in Lancaster, Pennsylvania, which is situated midway between Philadelphia and Harrisburg Pennsylvania. Pitney Road Plaza is a new format, leased retail center and was constructed in 2009. The commercial real estate acquired is a 46,000 square foot freestanding Best Buy (lease carries to 2020), which is part of the overall center that is shadow anchored by Costco and Lowe's (Lowe's, a viable triple net lease property to consider).

Creekview Center is a 136,000 square foot, leased, grocery-anchored shopping center that was constructed in 2001. This commercial real estate is anchored by a 49,000 square foot Genuardi's Supermarket (Safeway) (lease expires in 2021). This leased grocery-anchored shopping center is located in Warrington, Pennsylvania, a suburb of Philadelphia. This net lease property is shadow anchored by a Target and a Lowe's Home Improvement Warehouse. Other major tenant leases are for Bed Bath & Beyond and LA Fitness.

Sunrise Plaza is anchored by a 131,000 square foot Home Depot (lease expires 2038), a 96,000 square foot, net lease Kohl's Department Store (lease expires in 2029), and a 20,000 square foot Staples. These net leased properties may be triple net leased properties and non recourse loans could be available on these net lease investments. Sunrise Plaza is located in Forked River, New Jersey, approximately 55 miles east of Philadelphia. Sunrise Plaza is a 254,000 square foot new format retail center and was constructed in 2007.

Monroe Marketplace is the other commercial real estate investment in this portfolio. This net lease property is located in Sellinsgrove, PA, which is located in central Pennsylvania along the Susquehanna River. This 335,000 square foot, leased, grocery-anchored shopping center that was constructed in 2008. Monroe Marketplace is anchored by a 76,000 square foot Giant Supermarket with a lease until 2028. This net lease investment also has a 68,000 square foot Kohl's Department Store with a lease until 2029. The net lease investment is shadow anchored by a 127,000 square foot Target. Other major tenants at the subject property
include Best Buy, Dick's Sporting Goods, Bed Bath & Beyond, Michael's and PetSmart.

Net Lease Properties & Commercial Loans

If a Net Lease Property is of interest to you then contact us, HERE. We can assist you with your search for Net Lease Property Investments. Some examples of net leased properties to purchase are a CVS, FedEx, Walgreen's, Target, Publix or a property net leased to McDonald's, Dollar General, Burger King, Wendy's or Taco Bell.

If you are considering purchasing Commercial Real Estate or a Net Leased Property, you can consider getting a Mezzanine Loan. Mezzanine Financing and Non Recourse Loans are available through Commercial Loans at Loanrise.com.

Healthcare Net Lease Properties

Long Beach, California - Net Lease Properties has information on a real estate investment trust (REIT) with investments in Healthcare related commercial real estate. Healthcare is currently, the single largest industry in the U.S. based on Gross Domestic Product ("GDP"). HCP, Inc. (HCP) is a Company, based in Long Beach, that invests primarily in commercial real estate serving the healthcare industry in the United States.
The HCP REIT has some recent acquisitions to add to their commercial real estate portfolio. They acquired a life science facility and two medical office buildings for approximately $48 million. The life science facility, a net lease property, is made up 85,000 rentable square feet. This net lease property is occupied by a single tenant under a 15-year triple-net lease. The medical office buildings are a combined 103,000 rentable square feet and are currently 95% occupied.
Recent quarters have revenue climbing at the health-care (HCP) real estate investment trust, the largest by market capitalization, as occupancies improve for their net lease properties.

Most health care REITs invest in various mixes of senior housing, medical office buildings (some with net leases), life science, laboratories and hospital assets. We have seen senior housing facilities which are triple net leased to third-party operators. These product types have varying degrees of upside, with steady cash flow given the nation’s aging Baby Boom population and its need for long-term medical care.
Net leased to a single tenant or otherwise, healthcare net lease properties seem to be one of the preferred asset types for Commercial Real Estate Investors and REITs.

Net Lease Properties & Commercial Loans

If a Medical Office Building is of interest to you then contact us, HERE. We can also assist you with your Commercial Loans and Net Lease Properties Funding to purchase a CVS, FedEx, Walgreens, Target, Publix or a property net leased to McDonald's, Dollar General, Wendy's, Burger King or Taco Bell.

Net Leased CVS Property Sold

Lake in the Hills, Illinois - Net Lease Properties news today is on the acquisition of a property that is net leased to CVS. Agree Realty Corporation has purchased a retail property that is net leased to CVS/Caremark Corporation.
This net lease property is located at the intersection of West Algonquin Road and Lakewood Road in Lake in the Hills, Illinois. Lake in the Hills (often abbreviated L.I.T.H. or LITH) is a village in McHenry County, Illinois. There are many different townships for this area of Illinois if you are searching for commercial real estate property information.

The cost of this Commercial Real Estate acquisition was approximately $5,800,000. CVS has approximately 24 years remaining on the base term of the lease. The square footage of the property is approximately 12,900. County records indicate this net lease property was originally a sale-leaseback which is common amongst many net lease properties with credit tenants.

The new owners are purchasing primarily single tenant properties, leased to major retail tenants and neighborhood community shopping centers.

Net Lease Properties & Commercial Loans

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Loans and Net Lease Properties Funding to purchase a CVS, FedEx, Walgreens, Target, Publix or a property net leased to McDonald's, Dollar General, Burger King or Taco Bell.

A Net Lease Renewed For LexisNexis in Boca Raton

Boca Raton, Florida – Net Lease Properties has news from beautiful Boca Raton, Florida. LexisNexis has a new net lease renewal at the Meridian Commercial office complex. This net lease is a 10 year, $13 million lease. This location at the Arvida Park of Commerce, is close to the I-95 exit for Yamato Road. It is located at 6601 Park of Commerce Boulevard, Boca Raton. This is very close to the Boca Raton Panera Bread on Yamato.

This area of Boca Raton can get anywhere from $14 to $17 per square foot for triple net lease properties. We did see some smaller Office space with a triple net lease available under $14 per square foot.
The landlord of the Meridian Commercial office complex is a pension fund advisor based in New York known as Granite Meridian, LLC.

LexisNexis has the entire, 61,524 square foot building under lease. LexisNexis is a strong, credit tenant, one of the best in Boca Raton. They thought it was better to stay put then to move their entire Office facilities to a new net lease property.

The net lease property is located within minutes from Florida Atlantic University, fine Restaurants and Shopping.

LexisNexis is a leading global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting, and academic markets. A member of Reed Elsevier, LexisNexis serves customers in more than 100 countries with more than 15,000 employees worldwide.

Net Lease Properties & Commercial Loans

If a Multifamily Apartment Complex is of interest to you then contact us, HERE. We can also assist you with your Commercial Loans and Net Lease Funding to purchase a CVS, FedEx, Walgreens, Target, Publix or another Net Lease Property.

Commercial Real Estate News For South Florida

Palm Beach Gardens, Florida - Net Lease Properties news today centers around commercial real estate in south east Florida. First of all, a retail strip center in Palm Beach Gardens sold. This retail strip center has sold for $740,000. It is known as Clocktower Plaza as is located at 4203-4241 Northlake Boulevard, just west of the I-95 exit. This strip center sits behind a Gas Station at Northlake Boulevard and Keating Drive.
Reports are that this retail strip center was on the market only 22 days before going under contract.
We are not seeing too many Net Leased Properties for sale, in this area. An Office Building
Strip Center, Net Lease Investment with 3 years left on the lease, is being marketed in Lake Park, Florida.

For next bit of Commercial Real Estate News, we travel down to Pembroke Pines, Florida. Pembroke Pines sits west of Fort Lauderdale and Hollywood, not far from Miami Beach Commercial Real Estate investments.
The Taft Retail Center sold for $734,000. The Taft Retail Center is located at 1591 NW 77th Way in Pembroke Pines and is 6,700 square feet. The seller was a local private trust and sold the property to a foreign investor.
The property was built in 1973, and is currently 100% leased. The leases are to three long-term tenants. Taft Market & Deli leases a portion of the property as does Angie's Pet Spa & Boutique, and Bitter Blue Lawn & Garden.
This area currently has a net leased property, that is an Office Building being marketed.

Net Lease Properties & Financing

If Shopping Centers, Net Lease Properties or Apartment Buildings are 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 Net Lease property.

NNN Distribution Center Sold For $26.1 Mil

Coatesville, Pennsylvania - This mornings news from Net Lease Properties is on a distribution center. An entity named KS Coatesville PA sold a net lease property for $26.1 million. The Buyer was known to be a Private Investor.
The 150,000-square-foot triple net leased property is located at 201 Waverly Boulevard in Coatesville, Pennsylvania. The distribution center is approximately 45 miles West of Philadelphia.

The net lease property is 100% occupied by Keystone Foods. Keystone Foods is a global manufacturer and supplier of protein products and a custom food-service distributor. More Information on the net leased property is that it is on 20.4 acres, includes 30-foot clearance, and 35 docks. The Building also has office space, dry storage, freezer storage, cooler, cold docks and maintenance facilities.

At one point in time this Net Lease Property was being marketed as a 8.04% Cap rate.
This property, which has expansion capabilities, distributes products to more than 400 McDonald's locations throughout Pennsylvania, New Jersey and Delaware.
Coatesville represents an attractive point of distribution due to its proximity to I-76 (Pennsylvania Turnpike) and Route 30.

Net Lease Properties & Financing

If Shopping Centers, Net Lease Properties or Apartment Buildings or a Distribution Center 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, McDonald's, Walgreens, Target, Publix or other Net Lease property.

Vinings Main, Mixed-Use Development Sold For $24 MIL

Atlanta, Georgia – The Net Lease Properties news this morning is from Vinings, an area inside the Atlanta perimeter. ACG Equities Inc. purchased Vinings Main, which is a mixed-use commercial and residential condominium development in the Atlanta suburb for $24 million cash. The acquisition represents the first allocation from ACG Equities’ $150 million, Midwest-based private equity fund.

Reports are that Officials from ACG Equities said this purchase is its first in a planned series of acquisitions in recovering markets. The company’s sister firm, ACG Management, will provide an asset and property-management service platform for Vinings Main and other projects the ACG Equities’ fund acquires.

The Vinings Main project is located just inside the perimeter on Paces Ferry Road. An affluent area which is on the northwest side of Atlanta. This transaction includes 34,000 sq. ft. of office condominium space, 17,000 sq. ft. of retail space and a 461-space parking deck. Currently, the highest profile retail tenant is the Social Vinings restaurant, owned and operated by Paul Albrecht’s Great Food Group, Incorporation. Vinings Main was built at a cost of $57 million and opened in 2008. However Vinings Main was taken into foreclosure last December by its 23 lenders, after having sold only three of its 148 residential condominiums.

This Vinings neighborhood is a classic area with by high-end, high-density residential developments, Class A office buildings, distinctive restaurants and national brand retail merchants. The retail space at the Vinings Main is approximately 82% leased, although Net Lease Properties news has heard ACG plans to sell that space.

Net Lease Properties & Financing

Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or 1031 exchange opportunities. Contact to purchase a CVS net leased property, Walgreens net lease property, Target, Publix or other NNN Lease Investment.

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

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Vinings Main, Mixed-Use Development Sold For $24 MIL

Atlanta, Georgia – The Net Lease Properties news this morning is from Vinings, an area inside the Atlanta perimeter. ACG Equities Inc. purchased Vinings Main, which is a mixed-use commercial and residential condominium development in the Atlanta suburb for $24 million cash. The acquisition represents the first allocation from ACG Equities’ $150 million, Midwest-based private equity fund.

Reports are that Officials from ACG Equities said this purchase is its first in a planned series of acquisitions in recovering markets. The company’s sister firm, ACG Management, will provide an asset and property-management service platform for Vinings Main and other projects the ACG Equities’ fund acquires.

The Vinings Main project is located just inside the perimeter on Paces Ferry Road. An affluent area which is on the northwest side of Atlanta.
This transaction includes 34,000 sq. ft. of office condominium space, 17,000 sq. ft. of retail space and a 461-space parking deck. Currently, the highest profile retail tenant is the Social Vinings restaurant, owned and operated by Paul Albrecht’s Great Food Group, Inc.
Vinings Main was built at a cost of $57 million and opened in 2008. However Vinings Main was taken into foreclosure last December by its 23 lenders, after having sold only three of its 148 residential condominiums.

This Vinings neighborhood is a classic area with by high-end, high-density residential developments, Class A office buildings, distinctive restaurants and national brand retail merchants. The retail space at the Vinings Main is approximately 82% leased, although Net Lease Properties news has heard ACG plans to sell that space.

Net Lease Properties & Financing

If Shopping Centers, Net Lease Properties or Apartment Buildings 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 Net Lease property.

Trader Joe's Anchored Shopping Center Sells for $16M

Pasadena, California - Net Lease Properties has news for the day on a California Shopping Center that recently sold. This neighborhood shopping center, in La Cañada, California, sold for $16,000,000.
Information on this Commercial Real Estate is that it is a 42,093 square-foot shopping center, known as Foothill Promenade.
The Leased Property is located at 475 Foothill Boulevard in La Cañada. It is about 5 miles North West of Pasadena, which is a superb area.
Located at the signalized intersection of Foothill Boulevard and Gould Avenue, the property is situated on a 2.75 acre parcel of land. Some of the Tenants leasing at this location are Trader Joe's, Union Bank, Petco, Aaron Brothers, and Starbucks. The property was built in 1995 and was 100 percent leased at the time of this sale.

The buyer was found to be a partnership of private investors. They are seeking to acquire additional high quality shopping centers in Southern California, preferably on an all cash basis. The Foothill Promenade is the second major shopping center purchased by these individuals in the last ten months. They also own the Tustin Courtyard Shopping Center in beautiful Orange County.

There are a lot of people who had perhaps previously invested in the stock market or other investment opportunities and feel more comfortable getting into the Net Lease Properties market now.

Net Lease Properties & Financing

If Shopping Centers, Net Lease Properties or Apartment Buildings 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 Net Lease property.

Two Net Leased Buildings Sold

Indianapolis, Indiana - Net Lease Properties has news on the a couple of net-leased deals. The first Net lease Property is a Burger King with a Corporate Lease. This Commercial Real Estate is a 2,675 square foot, single tenant net-leased property. It is located in Indianapolis. The Net Leased Property sold for $960,000. This Burger King Building was built in 1999, and the property has an Absolute Triple Net (NNN) Lease guaranteed by the Burger King Corporation.
Information on the Investor is they are a New Jersey investor. This Investor owns and operates multi family properties and was looking for a less management intensive asset with solid cash flow.

Caldwell Car Wash, a 2,000-square foot, single-tenant net-leased property in Caldwell, New Jersey. This Investment commanded a sales price of $875,000. property on behalf of the seller, a local investor. The property was built in 1987 and contains a lot size of a 7,777 square foot parcel.
Caldwell is approximately 20 miles north west of Elizabeth, New Jersey.

Search For Net Lease Properties & Commercial Loans

If you feel this is the right time to invest in Commercial Real Estate, Apartment Buildings, Shopping Centers or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Loans and to purchase a new property.

Commercial Real Estate Market in South Bay Area

Palo Alto, California - Net Lease Properties is looking into the South Bay area of California. San Jose, Palo Alto, Menlo Park and Mountain View are attractive areas for Commercial Real Estate.

One has to look no further than Carl Berg. Carl Berg is best known for a Commercial Real Estate empire that stretches across Silicon Valley and houses tech powerhouses such as Microsoft Corp. and Apple Inc., as well as upstart Companies such as cleantech firm Nanosolar Inc. If the Silicon Valley area is good enough for Carl Berg, then it is good enough for us.

Other examples of South Bay area Commercial Real Estate news is that AOL Inc. just signed a lease with Google Inc. Company.
It appears that AOL Inc. will occupy one of Silicon Valley’s premier addresses at 395 Page Mill Road, the former headquarters of Agilent Technologies.

We see a trend with Low vacancy in Palo Alto. This is usually seen as a sign that the overflow from the city will eventually find its way south down the Bayshore corridor, helping to fill vacant buildings throughout the South Bay Area.

Moody's latest ranking of commercial real estate markets has San Jose in the top ten. We are seeking further reports for Net Lease Properties in the Silicon Valley area.

Net Lease Properties & Commercial Financing

If a Net Lease Property or Commercial Real Estate 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, Kohl's, Arby's or an Industrial property.

Land Converted into Net Lease Properties

DAYTONA BEACH, Florida - Net Lease Properties has reports on an interesting company, Consolidated-Tomoka Land Co. They have a very basic business model. Their plan may be expanded both vertically and horizontally. Examples of vertical integration would be to develop and manage income properties in addition to the current practice of only owning them. Examples of horizontal integration would be to sell and manage real estate owned by other parties.
Consolidated-Tomoka Land Co. today reported net income of $126,829 or $0.02 earnings per basic share for the quarter ended June 30, 2010, compared with net income of $187,809 or $0.03 earnings per basic share for the same period in 2009.
This Daytona Beach Company has a business strategy of investing in income properties utilizing tax deferred exchanges. This strategy generates significant amounts of depreciation and deferred taxes.
Since income properties are excellent collateral for loans, the introduction of financial leverage could be a very powerful way to expand current activities.

Their portfolio of income properties continues to keep the Company profitable. The Company has seen no measurable improvement in the real estate sales market during the quarter. They believe the lack of lending sources to finance new projects coupled with weak consumer confidence is slowing recovery in this sector of business.

Consolidated-Tomoka Land Co. is a Florida-based company primarily engaged in converting Company owned agricultural lands into a portfolio of net lease income properties. These Net Leased Properties are strategically located in the Southeast. They currently utilize 1031 tax-deferred exchanges.
The Company also engages in selective self-development of targeted income properties. The Company's adopted strategy is designed to provide the financial strength and cash flow to weather difficult real estate cycles.

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If you feel this is the right time to invest in Commercial Real Estate, Apartment Complexes, Shopping Centers or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Loans and to purchase a new property.

Acquisition of 2 Shopping Centers in Port St. Lucie

Port St. Lucie, Florida - Net Lease Properties site has news on acquisitions. Inland Real Estate Acquisitions Inc. has recently purchased two retail shopping centers in Port St. Lucie, Florida. Port St. Lucie is approximately 49 miles north of Palm Beach. The purchase price for these two retail shopping centers is for $73.7 million. These shopping centers were bought on behalf of Inland Diversified Real Estate Trust Inc. Inland Diversified Real Estate Trust, Inc. is a newly formed corporation that intends to be taxed as a Real Estate Investment Trust (REIT).

Here is a description of the Publix anchored shopping center. The Tradition Village Center, which is anchored by a Publix grocery store is 112,421 square-feet. The REIT also bought a portion of the 359,775 square-foot, The Landing at Tradition power center.

The Publix Super Market is at Tradition Square at 10400 SW Village Center Drive, Port Saint Lucie. If you are in the area, don't miss Kilwin's. Kilwin's is located at 10478 SW Village Center Drive, Port St Lucie.

Kilwin's has been a celebrated part of Northern Michigan since 1947, and has a reputation for its quality products and excellent service. Their fudge and desserts are great.

Commercial Real Estate Investors have discussed these quality assets, located in an upscale Sun Belt community. These Net leased properties serve the population’s current needs quite well and have the potential for long-term growth.

Recent reports had these properties on the market for more than two years and the original asking price was $115 million. Both retail shopping centers are part of a recently-constructed master planned community in Port St. Lucie.

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If you feel this is the right time to invest in Commercial Real Estate, Apartment Buildings, Shopping Centers or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Loans and to purchase a new property.

New Publix Anchored Shopping Center Proposed

Fort Myers, Florida - Net Lease Properties news for today has a Publix anchored shopping center coming to North Fort Myers.
This Commercial Real Estate will be a shopping center and Publix grocery store. This Publix anchored shopping center is located at the southwest corner of Bayshore and Slater Roads in North Fort Myers. The shopping center's anchored by the 46,500 square foot Publix store will also include 23,760 square feet of local shop space.

The Publix anchored shopping center will be the first phase of a 70 acre mixed-use project. In time this will include a 175-lot residential subdivision to be located just south of the shopping center. The new subdivision development is slated for 2012-13. The shopping center could break ground in October of this year if sufficient local shop leases are procured.

This Commercial Real Estate Investment will also include 4 out-parcels for banks, gas stations, fast food and sit down restaurants, and other businesses.

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If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, Shopping Centers or 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.

Net Leased Kohl's-Occupied Building Purchased

Elk Grove, California - Net Lease Properties news for the day is that Inland Real Estate Acquisitions, Inc. has purchased a Freestanding Kohl's-Occupied Retail Building in Elk Grove, California. This Net Lease Property was acquired for $21.5 Million. The Commercial Real Estate Property was acquired on behalf of Inland Diversified Real Estate Trust, Inc.

This Net Lease Property is freestanding retail building in Elk Grove that is 89,887-square-feet. The Net Lease Property is occupied by Kohl's Department Stores, Inc., a subsidiary of Kohl's Corporation ("Kohl's"). Kohl's is on a net lease that extends through 2028, with multiple renewal options.

Kohl's is a strong and growing retailer, and a very desirable tenant that has been expanding rapidly in California. Kohl's have opened more than 30 stores and a distribution center in California in the last year. Elk Grove, is an affluent community just south of Sacramento, proved a very desirable location for Kohl's.

The retail building serves as an anchor to Calvine Pointe, a proposed 240,000-square-foot retail project currently in development. The project's developer has announced plans for the construction of multiple retail parcels, including a Fresh & Easy Neighborhood Market.

Inland Real Estate Acquisitions, Inc. is the purchasing arm for various entities that are a part of The Inland Real Estate Group of Companies, Inc. Inland has been ranked collectively the as second fastest-growing acquirer of retail property in the United States and one of the largest shopping center owners in North America.

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If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, Shopping Centers or 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.