U.S. Realty Advisors (USRA) has paid $580 million for four single-tenant net-lease assets in separate deals. The financial terms were not disclosed.
The properties include:
Build-to-suit of a 183,000-square-foot logistics warehouse leased to a Fortune 100 global ecommerce company
Build-to-suit of a 920,000-square-foot logistics warehouse leased to a national third-party logistics firm
Build-to-suit of a 250,000-square-foot global office headquarters and R&D laboratory leased to a leading animal health sciences company
Sale-leaseback of a 2.2 million-square-foot manufacturing portfolio comprising nine properties across multiple markets, all master-leased to a leading contract food manufacturer and private label supplier
The investments were made on behalf of USRA's fourth real estate fund with fully discretionary capital that focuses on identifying, acquiring and managing mission critical single-tenant net-lease industr