PASADENA, Calif.--(BUSINESS WIRE)--JRW Realty has facilitated the acquisition of $92.34 million in net-leased properties in April on behalf of its clients. The 20 properties sourced are tenanted by national companies operating essential businesses, including Publix, PNC Bank, and GIANT Food.
The properties sourced by JRW Realty collectively span 371,728 feet primarily throughout the South and Midwest regions, and are located across 11 states in cities with strong demographics, including Nashville, Birmingham, and Baton Rouge. For each of the properties, JRW Realty’s buyers closed at contract price without a financing contingency. From inception to date, JRW Realty has closed over $2.3 billion in transaction volume on behalf of its clients.
“We are proud to have facilitated a healthy amount of high-quality acquisitions in such a short amount of time,” said Melinda Marston, president of JRW Realty. “Our team remains proactive and tenacious, helping us to provide the brokers and sellers who work with us a swift and seamless transaction experience. As of the end of April, we have helped our clients acquire over $283 million in net-leased properties this year.”
JRW Realty is exclusively engaged by large, all-cash buyers that are actively seeking to acquire additional grocery-anchored shopping centers and net-leased properties that are leased to investment-grade and essential businesses. The clarity of JRW Realty’s clients’ strict acquisition criteria, the firm’s streamlined transaction processes, and its clients’ accessible balance sheet capital enable JRW Realty’s buyers to close transactions in 20 to 30 days after going under contract.
About JRW Realty
JRW Realty is a commercial real estate brokerage firm that has closed over $2.3 billion in transactions across over 550 properties on behalf of its clients. JRW Realty's team places special focus on due diligence, reviewing over 100 properties each week and only choosing to source for clients the best 3-4% according to their rigorous acquisition criteria. For more information, visit www.jrwrealty.com.