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Capital Square funded its purchase with a $31.2 million mortgage from New York Life Real Estate Investors that was arranged by Walker & Dunlop. The loan has a 10-year term and pays a 3.16 percent fixed coupon.
An affiliate of Capital Square Realty Advisors has paid $48.3 million, or $251,563/unit, for Sapphire at Centerpointe, a recently constructed apartment property with 192 units in the Richmond, Va., suburb of Midlothian, Va. Capital Square, a Glen Allen, Va., investment ...
Dallas Morning News Conlon & Co. has bought a 690,000-square-foot industrial property in Midlothian, Texas, about 26 miles southwest of Dallas. The seller and purchase price were not disclosed. The distribution building sits off U.S. Highway 67 and is part ...
75 percent leased
The property (26 three-story buildings set on 31 acres) was built in 1989 and is 95% occupied.
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