405 Park Ave., corporate headquarters of Global Net Lease/ Photo by Betsy Kim
NEW YORK CITY—Global Net Lease Inc., a small-cap real estate investment trust focused on acquiring and managing single-tenant net lease commercial properties, reports it has closed on four acquisitions that have added 1.3 million square feet to its portfolio.
The properties, located in New York, North Carolina, Ohio and Teas, are leased to a furniture manufacturer, NetScout Systems Texas, LLC, Rubbermaid Incorporated and FedEx Freight and were acquired for a total purchase price of $105.4 million.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
