SAN DIEGO-Realty Income Corp., an Escondido-based real property investment firm that focuses on retail and other commercial centers, has announced the acquisition of retail properties. The firm has inked a deal to purchase 136 retail properties for a total amount of $250 million.
Realty Income's new deal totals its 2010 acquisition to about $690 million. The firm is not disclosing details of the properties and the deal is expected to close within 90 days, according to the company's spokeswoman. For the full story, go to San Diego Business Journal.
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