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News Breaks | | | | September 26, 2012 | | 08:02 EDT |  | WPC | W.P. Carey aquires five Walgreens stores and Bearing Tech Headquarters
W. P. Carey & Co. LLC announced that it has acquired five retail stores leased to Walgreen Co. The properties, comprising a total of 74,100 square feet, are located in Virginia Beach, Virginia; Florence, Alabama; Snellville, Georgia; Concord, North Carolina and Rockport, Texas. The purchase price was approximately $25M. The firm also announced that CPA:17 - Global, one of its publicly held non-traded REIT affiliates, has acquired an industrial and headquarters facility located in Avon, Ohio. The 116,000 square foot facility has been leased back to Bearing Technologies, LLC under a 15-year net lease. The purchase price was approximately $7M. | |
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News For WPC From The Last 14 Days Check below for free stories on WPC the last two weeks. |
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| June 19, 2013 | | 10:01 EDT |  | WPC | On The Fly: Analyst Upgrade Summary
 Subscribe for More Information | | | 08:29 EDT | | WPC | W.P. Carey upgraded to Buy from Neutral at Ladenburg
Ladenburg upgraded W.P. Carey and raised estimates based on the likely purchase of CPA 16, increased confidence in its investment management platform, and the potential liquidation or listing of the CWI. Price target raised to $77 from $71. | | | June 12, 2013 | | 08:03 EDT | | WPC | W.P. Carey acquires Arbella Corporate headquarters for $26M
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