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The $36.5 million purchase marks Continental's seventh in the state.
The remaining homes are to be acquired in phases over the next 12 months.
The 206,943 square foot office tower is located in the River Oaks District.
A $9.2 million capital improvement program is planned.
AREP's latest industrial acquisition is in the Middletown, DE submarket.
Acquisition marks Security Properties fifth market-rate asset in Colorado.
The boutique commercial real estate brokerage firm specializes in land brokerage.
The seven-story, 235,000-square-foot office building will anchor a 45-acre mixed-use development of residential, hotel, retail, and restaurant locations.
The partnership plans to build 335,068 square feet in the Mesa Gateway submarket of Phoenix and 219,480 square feet in the North Las Vegas submarket
Exit features a 4.14% cap rate
