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August 19, 2014
08:33 EDTWHLRWheeler acquires three retail development properties for $4.2M
Wheeler announced that it has acquired three development properties for an acquisition value of $4.2M. The three assets were acquired from company affiliate Development Fund I, and were paid for using a combination of cash and the assumption of debt. The company plans to develop the parcels into future retail properties. The three undeveloped properties consist in total of approximately 55.2 acres of land located in Edenton, North Carolina, Moyock, North Carolina and Courtland, Virginia. Each of the assets is located in commercial zones.
News For WHLR From The Last 14 Days
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June 19, 2015
08:35 EDTWHLRWheeler REIT appoints Matthew Reddy as Chief Accounting Officer
Wheeler Real Estate Investment Trust (WHLR) announced that the company has appointed Matthew Reddy as Chief Accounting Officer. In this newly created position, Reddy will oversee all aspects of the company’s accounting department and will assist Wheeler’s chief financial officer in all aspects of accounting and regulatory compliance. Prior to joining the company, Reddy was the Assistant Vice President of Online Products at Liberty Tax Service (TAX).

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