JRW Realty Sources Over $49 Million in Net-Leased Essential Properties in May

PASADENA, Calif.--(BUSINESS WIRE)--JRW Realty has sourced the all-cash acquisition of over $49 million in net-leased essential properties in May on behalf of its clients. The 11 properties acquired are tenanted by companies with strong corporate credit ratings, each of which remained open and operational throughout the pandemic, including Kroger, Giant Eagle, Walgreens, and Fresenius Medical Care.

The properties sourced by JRW Realty collectively span over 416,000 square feet and are located across eight states, including Texas, Tennessee, Ohio, and New Jersey. 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 $2.4 billion in transaction volume on behalf of its clients.

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 $2.4 billion in transactions across over 575 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.