Little Rock-based serious estate expense partnership Tempus Realty Partners introduced particulars of a $50.9 million multi-point out acquisition on Wednesday (April 3).
According to a information release, the fully leased industrial houses are North Charleston, S.C., Knoxville, Tenn. and Lafayette, Ind. They whole 610,247 sq. feet and 132.36 acres.
The tenants include Kamran and Co., The Carlstar Team and The Maximus Group.
“Each of these properties supports significant operations for their respective tenants,” Tempus CEO Dan Andrews mentioned. “These sale-leaseback acquisitions stand for a win-earn, delivering a business remedy for our tenants and a powerful investment option for our buyers.”
The Charleston/Knoxville/Lafayette portfolio represents Tempus’ first acquisition in 2024.
The put up Tempus Realty Associates pays $50.9M for 3 industrial qualities appeared very first on Chat Organization & Politics.