Spirit Realty Capital

Exterior of Macerich retail center

Macerich Names New President & CEO

Jackson Hsieh will take on the new role on March 1, 2024.

A Realty Income Corp. retail property in Minnesota. Image courtesy of CommercialEdge

Realty Income Closes $9.3B Spirit Capital Acquisition

This deal adds 61.6 million square feet to the REIT’s portfolio.

Jackson Hsieh, President & CEO, Spirit Realty Capital

Realty Income to Acquire Spirit Capital in $9.3B Deal

The all-stock transaction will create an enterprise value estimated at $63 billion.

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CenterPoint Acquires Northern New Jersey Industrial Property

Ample open space on the 34-acre site would allow the company to add new facilities.

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LDK Ventures Acquires 350 KSF Boise Warehouse

PCCP LLC provided a $19.4 million financing package for the acquisition, remodeling and lease-up of the vacant facility.

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Spirit Realty Capital Closes on $100M Loan

The REIT completed the incremental financing under the accordion feature of its recently announced $200 million unsecured term loan facility.

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Spirit Realty Shells Out $24M for Jacksonville Portfolio

The deal includes some 276,000 square feet of industrial and office space.

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Bridge33 Capital Acquires Chicago-Area Retail Center

The nearly 200,000-square-foot property last changed hands in 2007 for $28.5 million.

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Nothing But Net

As the net lease sector continues to take on its own asset class presence, investors and lenders are increasingly putting their capital into the property type, especially single-tenant, triple-net leased properties. Net lease owners with investment-grade tenants in place are most attractive to investors, but a lack of available inventory is leading some lenders to widen their options.

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Spirit Realty Capital Names Jackson Hsieh as CEO

Hsieh joined the company last year as president & COO. Additionally, he was appointed to Spirit’s board of directors.