Net Lease Press Releases
Virginia-based REIT Gladstone Commercial Corp. has acquired the leasehold interest in a newly constructed, 16,340-square-foot retail building in Dartmouth for $5.8 million.
The site is primarily leased to drugstore operator the WalgreenCo. and is a new, build-to-suit retail location for Walgreens, which has leased the property for 75 years with rights to terminate in years 26-75, according to a statement.
"This acquisition continues our plan for growth in 2011 and we are pleased to add our first retail property to our substantial list of quality investments," Gladstone President and Chief Investment Officer Chip Stelljes said in a statement.
Gladstone Commercial Corp. is a publicly-traded REIT focused on investing in and owning triple-net leased industrial, commercial, medical and retail real estate properties. The company currently owns 70 properties.
COngratulation!The Helly Hansen Store shop
ReplyDeletehas a complete collection of workwear items
as well as many of our enjoyment clothing.
Dartmouth suits