SAN DIEGO—MVP REIT, Inc. recently entered into multiple purchase agreements to acquire six parking facilities for nearly $70 million. The agreements include the purchase of two parking garages and four parking lots located in Chicago, Indianapolis, Milwaukee and Minneapolis.

MVP REIT has entered into agreements to purchase the following parking facilities:

Chicago
The REIT entered into a purchase agreement to acquire a 317-space parking
garage in downtown Chicago. The parking garage also contains approximately
63,000 square feet of retail space.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.