VEREIT
Arch Street, Orion Unveil Single-Tenant Office Venture
To date, the partners have acquired assets valued at more than $200 million.
Arch Street Capital Buys DC-Area Office Tower
As part of a partnership with VEREIT, formed on behalf of a Kuwait-based institutional client, the company acquired a majority interest in the fully leased property.
VEREIT, Ocean West Acquire Dallas Industrial Property for $247M
The firms purchased the 2.3 million-square-foot asset from NorthPoint Development, which remains as a joint-venture partner.
Arch Street JV Buys DHL’s North America HQ
The Daimler Group sold the newly opened headquarters building for more than $33 million.
TA Realty Pays $139M for LA County Office Tower
The subsidiary of The Rockefeller Group acquired the building in El Segundo, Calif., ahead of sole tenant Northrop Grumman’s lease expiry. VEREIT is the former owner of the 340,000-square-foot tower.
Top 10 Cash-Only Office Deals of 2017
In an intriguing finding, a single metro accounts for the lion’s share of the notable all-cash transactions identified by Yardi Matrix.
CIM Group to Expand With Purchase of Cole Capital
VEREIT may receive as much as $200 million, composed of $120 million in cash at closing and as much as $80 million in fees to be paid under a six-year service agreement based on Cole’s future revenues.
Mid-America Real Estate Brokers KS Shopping Center Deal
The buyer of the 100,000-square-feet property located in Derby, Kan., was Cole Credit Property Trust V Inc. The tenants are Hobby Lobby, Ross Dress for Less and TJ Maxx.
Turnaround Titan: VEREIT’s Glenn Rufrano Thrives on the Industry’s Toughest Cases
At a stage in his career when executives often look to lessen their workloads, Glenn Rufrano decided to take on one of the biggest challenges of his professional life: becoming the CEO of the net-lease REIT American Realty Capital Properties Inc. (ARCP).
HFF Closes Sale of 140 KSF Atlanta-Area Mall
The broker sold North Lake Square on behalf of GH Anderson & Co. VEREIT represented the buyer, a Cole Capital REIT.