PASADENA, Calif .– (BUSINESS WIRE) – Aug.12, 2021–
JRW Realty is pleased to announce that in July, the company facilitated the cash acquisition of over $ 54.10 million in real estate on behalf of its clients. The 12 properties purchased are leased by nationwide companies that provide essential goods and services, including Pick ‘n Save, Dollar General, Fresenius Medical Care, Walgreens and CVS. The properties purchased by JRW Realty collectively span 227,186 square feet and are located in 10 states including California, Texas and Georgia.
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Grocery store leased and anchored net asset tenants found by JRW Realty in July (Photo: Business Wire)
JRW Realty has focused on finding net single-tenant leased properties and multi-tenant malls anchored in grocery stores, in order to meet the acquisition needs of its clients. For each of the properties purchased in July, the buyers of JRW Realty closed at the contract price with no financing contingency. From its inception to date, JRW Realty has completed a transaction volume of over $ 2.8 billion on behalf of its clients.
âWe are pleased to have maintained a healthy transaction volume over the past month as we work to meet the urgent acquisition needs of our customers,â said Joel Staffilino, president of multi-tenant retail. âAs of July 31, we completed acquisitions of more than 2 million square feet of properties across the country in 2021, and we are on track to help our clients complete more than $ 800 million of focused acquisitions. on net leases this year.
JRW Realty is engaged exclusively by large cash buyers who are actively seeking additional multi-tenant shopping centers and net leased individual properties backed by core businesses with investment grade credit. The clarity of JRW Realty’s strict client acquisition criteria, the company’s streamlined transaction processes, and its clients’ accessible capital allow JRW Realty buyers to close deals within 20-30 days of contract signing. .
About JRW Realty
JRW Realty is a commercial real estate brokerage firm that has completed over $ 2.8 billion in transactions in over 775 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.
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CONTACT: Contact for multi-tenant retail acquisitions
Joel Staffilino, President – Multi-tenant retail
Contact for single-tenant net lease acquisitions
Melinda Marston, President – STNL
CA DRE # 01950977
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: RESIDENTIAL BUILDING AND REAL ESTATE COMMERCIAL AND REAL ESTATE BUILDING CONSTRUCTION AND PROPERTY
SOURCE: JRW Realty
Copyright Business Wire 2021.
PUB: 12/08/2021 9:00 a.m. / DISC: 12/08/2021 9:02 a.m.
Copyright Business Wire 2021.