23
Jan
Rich Uncles Invests $26.5M in Two-Bldg. Sale-Leaseback with AvAir
Costa Mesa, CA-based Rich Uncles REIT, a crowd-investing platform that aims to make direct real estate investment available to the masses, acquired a two-building industrial portfolio located in Chandler, AZ from AvAir, Inc., for $26.5 million, or approximately $163 per square foot.
The sale/leaseback included the two, single-story industrial buildings which currently houses the seller’s corporate headquarters on a 15-year lease. The Class A…
Source: Costar News
