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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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March 30, 2015
08:30 EDTWHLRWheeler REIT enters into contract to acquire second shopping center in Lilburn
Wheeler Real Estate Investment Trust has entered into a contract to acquire Beaver Ruin II Village, a 34,925 square foot shopping center located in Lilburn, Georgia. The company will purchase the property from Arcado II, LLC, a Georgia limited liability company, for approximately $4.4M, or $125.27 per square foot, using a combination of cash and bank debt.
March 27, 2015
08:32 EDTWHLRWheeler REIT enters contract to acquire Washington Square for $20M
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