REIT buys facilities in 2 states

Secures long-term tenants
Published on Feb 17, 2005

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by CareyBot

Investment firm W. P. Carey & Co. LLC acquired a corporate office building in Sunnyvale, Calif., and a research and development/office facility in Allen, Texas. The total acquisition price of the two facilities was $29.1 million. The 252,000-square-foot facilities will ...