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…

Healthcare Realty Sells 6 Hospitals For $138M To Global Medical, Carter Validus BETHESDA, MD--The REITs each purchased three hospital facilities in two separate transactions. May 9, 2017 | by ERIKA MORPHY | GlobeSt.com BETHESDA, MD–Locally-based Global Medical REIT and Tampa, Fla.-based Carter Validus Mission Critical REIT teamed up to acquire six rehabilitation hospitals from Healthcare Realty Trust,…

REITs Leading the Sustainability Movement Among Commercial Real Estate April 18, 2017 | by Alexandra Thompson and Fulya Kocak | REIT.com The movement towards more sustainable practices continues with commercial real estate, and REITs are helping lead the charge. Over the last decade, Environmental, Social and Governance (ESG) issues and sustainability have received increased attention from…

New York REIT CEO on new liquidation value: 'If we can deliver more, we will' May 11, 2017 | by Tom Yeatts | S&P Global New York REIT shares were down more than 10% in early trading May 11 after the company disclosed a new liquidation value below previous estimates. The company's anticipated liquidation value,…

RE Forecast: Cloudy with Some Sunshine May 5, 2017 | by IvyLee Rosario | Commercial Property Executive Executives from Hines, AvalonBay and Trepp offered their outlook for the next three years as ULI unveiled the results of its Real Estate Consensus Forecast. ULI unveiled the results of its Real Estate Consensus Forecast at the 2017 Spring…