Griffin Capital Acquires Part of Office Campus in Indiana May 19, 2017 | by Roxana Baiceanu | Commercial Property Executive The transaction price for the 133,400-square-foot, Class A office building was $29 million. The facility is one of three properties making up Midcontinent Independent System Operator Inc.’s headquarters and is fully leased for the next 11…

Phillips Edison to Acquire Limited Partnership, Create $4B Shopping Center REIT May 22, 2017 | by TAYLOR WILLIAMS | RebusinessOnline CINCINNATI — Phillips Edison Grocery REIT I Inc. (OTC: PHLD) has entered into an agreement to acquire the real estate assets and third-party asset management business of its sponsor firm, Phillips Edison Limited Partnership (PELP), in a…

'The new Blackstone REIT is steadily adding to its pile of gold with buy-ins from “mom-and-pop investors...”'

Top 10 Restaurant Brands for Retail Landlords April 12, 2017 | by Donna Mitchell |  Despite choppy same-store sales coming in 2016, the current market environment might be just right for ramping up the line-up of restaurant tenants, according to some industry observers. For retail center owners, fighting the current headwinds of e-commerce competition and failing retail…

Industrial Property Trust Acquires $13M DC-Area Asset May 18, 2017 | by Evelina Croitoru | Commercial Property Executive An affiliate of Industrial Property Trust Inc. acquired a 98,653-square-foot warehouse property in Lanham, Md. for $13.1 million from Perseus Realty. The property most recently served as the headquarters of Kane Co.’s Office Movers Inc., a commercial moving company…

What are Some ‘Cons’ to Owning Nontraded REITs? May 19, 2017 | by Beth Glavosek | Blue Vault We’ve been looking at the merits of nontraded REITs for individual investors, including the opportunity for potentially higher yields, dividend distributions, diversification, a potential inflation hedge, and owning high quality, commercial grade, professionally managed properties. However, as with…

Strategic Storage Trust II, Inc. Reports 2017 First Quarter Results May 17, 2017 | Strategic Storage Trust II, Inc. LADERA RANCH, Calif., May 17, 2017 /PRNewswire/ -- Strategic Storage Trust II, Inc. ("SST II") announced strong increases in same-store revenues, net operating income ("NOI"), occupancy and annualized rent per square footage as part of its overall operating…

Griffin Capital Essential Asset REIT II Acquires Fully Occupied, Class A Office Building in Carmel, Indiana for $28.6 Million 133,400 Square Foot Property Under Long-Term Absolute-Net Lease to Strong and Stable Company Tenant May 17, 2017 | Griffin Capital EL SEGUNDO, Calif., May 17, 2017 (GLOBE NEWSWIRE) -- Griffin Capital Company, LLC (“Griffin Capital”) announced today, on…

Strategic Storage Growth Trust, Inc. Acquires 850-Unit Self Storage Portfolio in Asheville, N.C. for $10.25 Million May 15, 2017 | Strategic Storage Growth Trust, Inc. ASHEVILLE, N.C., May 15, 2017 /PRNewswire/ -- Strategic Storage Growth Trust, Inc. ("SSGT"), a public non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC, announced today its acquisition of an…