Strategic Storage Trust II Acquires 11 Facilities in Florida, Baltimore in First of Two-Phase Acquisition By Mark Heschmeyer | June 8, 2016 | CoStar Strategic Storage Trust II Inc. (SST II) locked up the largest self storage property sale so far this year with the $275 million purchase of 11 facilities in Florida and Maryland totaling…

    Jun 01, 2016, 08:30 ET from NexPoint Capital, Inc. DALLAS, June 1, 2016 /PRNewswire/ -- NexPoint Capital, Inc. (the "Company"), a non-traded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced that it will commence a voluntary tender offer on or about June 1, 2016 (the "Tender Offer")…

    Jun 08 2016 | by DI Wire RREEF Property Trust Inc., a publicly registered daily NAV non-traded real estate investment trust, appointed Deutsche AM Distributors as the dealer manager for its follow-on offering. The current dealer management agreement with SC Distributors will expire on July 1st, the last day of the offering. Deutsche…

    A new self-storage facility is rising in Stoney Creek. The vacant site, at 365 Fruitland Rd., was acquired earlier this year by Strategic Storage Growth Trust, sponsored by SmartStop Asset Management. The facility on 3.7 acres (1.5 hectares) will be developed into approximately interior-loaded 780 units in a climate controlled, two-storey building. Completion…

    June 06, 2016 12:00 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT I, Inc. (the “Company”) today announced the strategic acquisition of a grocery-anchored shopping center, expanding the Company’s portfolio in Massachusetts. Northwoods Crossing is a 159,562 square foot grocery store-anchored shopping center in Taunton, Massachusetts, a suburb 40 miles south…

    June 06, 2016 12:00 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the strategic acquisition of six grocery-anchored shopping centers, expanding the Company’s portfolio in Florida, Massachusetts, Connecticut, Texas and Nevada. Crosscreek Village is a 66,660 square foot grocery store-anchored shopping center in St. Cloud,…

  Jun 01, 2016, 16:05 ET from NorthStar/RXR New York Metro Real Estate, Inc. NEW YORK, June 1, 2016 /PRNewswire/ -- NorthStar/RXR New York Metro Real Estate, Inc. (NorthStar/RXR) announced today that it made its initial investment by acquiring an indirect minority interest in 1285 Avenue of the Americas, a commercial office building in midtown…

Purchased for $10.4M BY JOSH BAUMGARD JUN 1, 2016, 12:41P Suniland Shopping Centervia Terranova Terranova’s Suniland Associates Ltd. just sold Suniland Shopping Center for a whopping $66.5 million to Denver-based Dividend Capital Diversified Property Fund. The 82,000-square-foot property was originally purchased beginning 22 years ago in two transactions, notes the release, in 1994 for $9.3…

June 01, 2016 12:43 PM Eastern Daylight Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) announced the acquisition of the following properties: Vibra Rehabilitation Hospital of Rancho Mirage (“Vibra Rehab”), which is located in Rancho Mirage, California, was acquired by CVMC REIT II on March 1, 2016, for a purchase…