JRW Realty closes over $ 119 million in net leased properties and multi-tenant malls in August
PASADENA, Calif .– (COMMERCIAL THREAD) – JRW Realty is pleased to announce that the company purchased and closed $ 119.28 million of net leased properties and multi-tenant malls in August. The 20 properties closed at contract price and are leased or anchored by Dollar General, Walgreens, Fresenius Medical Care, Stop & Shop, Octapharma Plasma, Verizon Wireless and other national companies that operate in grocery, drugstore, retail retail staples and health care industries. The properties span 500,841 square feet and are located in 12 states including Michigan, Virginia, Ohio, and Indiana.
“With the properties we successfully researched last month, we have helped our buyers close over $ 630 million in net leased property in 2021 through August 31 and we are on the cusp of getting our buyers to acquire over $ 1 billion this year, “said Melinda Marston, chair of JRW Realty’s single-tenant net lease. “We look forward to helping our buyers achieve this goal while maintaining our rigorous due diligence standards for every property we purchase. ”
JRW Realty is engaged exclusively by large cash buyers who are actively seeking to acquire multi-tenant malls anchored in grocery stores and individual net leased properties backed by core businesses with credit measures. The clarity of JRW Realty’s strict client acquisition criteria, the company’s streamlined transaction processes, and easily accessible capital on its clients’ balance sheets allow JRW Realty buyers to close deals within 30 days of signing. of the contract.
About JRW Realty
JRW Realty is a commercial real estate brokerage firm that has completed over $ 3 billion in transactions in over 800 properties on behalf of its clients. The JRW Realty team pays close attention to due diligence, reviewing over 100 properties each week and choosing only to seek out the best 3-4% for clients based on their rigorous acquisition criteria. For more information, visit www.jrwrealty.com.