Real Estate Deals

The tenant is currently completing a $4.25 million renovation of the building.

A spokesperson for Duke Health said that the land acquisition is for a potential office building, and it is in the early planning stages.

The sale price was almost three times the $3 million that the 85%-leased building sold for in 2018.

JLL Capital Markets arranged the $27.3 million sale of Frost English Silver, a newly-built, luxury, 55+ community in Maplewood, Minnesota.

The property is located in Jasper, Indiana and opened in 2019.

Arcadia intends to continue growing its platform throughout the Southeast.

The 14,398-square-foot Hill Country Memorial Surgery Center is a single-tenant center that was sold to a private investor. 

The property in the Dallas suburb of Rockwall, which offers approximately 14,000 square feet of space, is 100% leased.

The transaction was priced at a cap rate in range with previous FCPT transactions.

Consisting of approximately 12,747 square feet, the ASC was specially designed and developed for Comprehensive Outpatient Joint & Spine Institute