Page 5 - வேங்கார்த்தேன் ரியல்டீ முதலீட்டாளர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share Westcore, a West Coast industrial real estate a firm, has acquired a portfolio of two distribution warehouses in California for a combined total of more than 1.4 million square-feet of space. Westcore acquired the properties, located at 2801 West Ave. H in Lancaster (pictured top) and 1744 East Beamer St. in Woodland, from Jericho, New York-based Kimco Realty Corp. for $108 million. Both buildings are fully leased to Rite Aid with 20-year leases. The acquisition further expands Westcore’s growing industrial portfolio, which spans 13 states and more than 14.5 million square feet.   “Increased tenant demand and lack of industrial supply in the Greater Los Angeles and Inland Empire regions has accelerated industrial warehouse needs in emerging markets such as Lancaster,” said Westcore Managing Director Hack Adams, who oversaw the Lancaster acquisition. “Equally compelling is the fact that the underlying real estate is highly functional. It features generous

United statesConor flynnRebecca perlmutterBarbara emmonsLos angelesDarla longoPeter metteWeingarten realty investorsKimco realty corpRite aidWest coastNew york based kimco realtyGreater los angelesInland empireWestcore managing director hack adamsManaging director peter mette