Atlanta-Area Medical Office Buildings Trade for $17M May 25, 2017 | by Timea Papp | Commercial Property Executive  Developed in 2007, the identical properties are 98.5 percent occupied, with approximately 87 percent of the rentable square footage leased to St. Mary’s Health Care System Inc. Griffin-American Healthcare REIT IV Inc., has acquired The Exchange, a two-building…

Hines and Cousins Sign Lease With Crown Castle at 8000 Avalon in Atlanta, Georgia May 30, 2017 | Cousins Properties   ATLANTA, May 30, 2017 /PRNewswire/ -- Hines, the international real estate firm, and Cousins Properties (NYSE: CUZ), the Atlanta-based REIT, announced today that Crown Castle, the nation's largest provider of shared wireless infrastructure, has signed a…

MVP REIT and MVP REIT II Announce Definitive Merger Agreement May 30, 2017 | by MVP REIT, Inc. , MVP REIT II, Inc. LAS VEGAS, May 30, 2017 /PRNewswire/ -- MVP REIT, Inc. and MVP REIT II, Inc. announced today that they have entered into a definitive merger agreement, pursuant to which MVP I will merge with…

REIT FFO Rises 8.1% Y-O-Y WASHINGTON, DC—NAREIT’s Calvin Schnure says that the sector’s high occupancy rates and steady NOI growth “provide support for the outlook for REITs. May 17, 2017 | by PAUL BUBNY | GlobeSt.com  Schnure: “This real estate cycle shows all the signs that it will continue, despite some soft numbers last quarter.” WASHINGTON, DC—US…

Griffin-American Healthcare REIT IV Acquires Five-Building Senior Housing Portfolio in Greater St. Louis May 26, 2017 | by MACIEJ HEYMAN | PRNewswire ST. LOUIS, May 26, 2017 /PRNewswire/ — American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired the 229-unit SW Illinois Senior…

Strategic Storage Growth Trust, Inc. Acquires 510-Unit Newly Constructed Self Storage Facility in Sarasota, Florida May 24, 2017 | Strategic Storage Growth Trust, Inc.  LADERA RANCH, Calif., May 24, 2017 /PRNewswire/ -- Strategic Storage Growth Trust, Inc., a public non-traded REIT sponsored by SmartStop Asset Management, LLC, announced today its purchase of a newly constructed, 510-unit self…

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...”'