Stock Market & Financial Investment News

News Breaks November 29, 2012 08:05 EDT WPC, EXR W.P. Carey announces $25M acquisition of three Florida self-storage properties W. P. Carey (WPC) announced that CPA:17 - Global, one of its publicly-held non-traded REIT affiliates, has acquired three self storage facilities from Safeguard Self Storage. The properties comprise a total of 225,569 square feet and are located in Tampa, St. Petersburg and Palm Harbor, Florida. The properties will be managed by Extra Space Storage (EXR). The total purchase price was approximately $25M. News For WPC;EXR From The Last 14 Days Check below for free stories on WPC;EXR the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 17, 2013 10:10 EDT EXR On The Fly: Analyst Upgrade Summary Subscribe for More Information 07:15 EDT EXR Extra Space Storage agrees to acquire 20 self storage properties Extra Space Storage announced today that its operating partnership subsidiary, Extra Space Storage entered into a Contribution Agreement with various companies affiliated with All Aboard Mini Storage and Lance D. Alworth, as principal to acquire 20 self-storage facilities. The transaction is currently expected to close by the end of the third quarter of 2013, subject to due diligence and other customary closing conditions. The Properties are located in California and include approximately 14,800 self storage units, containing approximately 1.5M square feet of net rentable space. The aggregate consideration for the Properties is valued at approximately $196M, excluding transaction costs, including taking the Properties subject to approximately $100.1M of existing loans. The company will pay an additional $10.1M related to the defeasance and prepayment costs associated with these loans. 06:39 EDT EXR Extra Space Storage upgraded to Strong Buy from Outperform at Raymond James Subscribe for More Information June 12, 2013 08:03 EDT WPC W.P. Carey acquires Arbella Corporate headquarters for $26M Subscribe for More Information June 5, 2013 07:40 EDT EXR National Association of Real Estate Investment Trust to host a forum Subscribe for More Information 07:36 EDT EXR Cantor Fitzgerald to host meetings Subscribe for More Information June 4, 2013 09:32 EDT WPC W.P. Carey acquires Cargotec Campus for $52M Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.