TA Realty Sells Charlotte Complex to REIT for $61M

TA Associates Realty sold a 1.08 million-square-foot industrial complex in Charlotte, NC, to Liberty Property Trust (NYSE:LRY) for $ 60.75 million or $ 56 per square foot. Crosspoint Center has seven buildings ranging from 80,682 to 268,800 square feet on 78 acres in Mecklenburg Count
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American Realty Capital Healthcare Trust Acquires Medical Portfolio for $61M

American Realty Capital Healthcare Trust, a New York-based property investment trust, acquired three medical office properties located in Phoenix, AZ, Carson City, NV, and Las Vegas. This portfolio was purchased from The Cirrus Group LLC for $ 60.9 million, or about $ 788 per square f
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