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A Wheeler REIT holding

NORFOLK, VA–Wheeler REIT has acquired a 887,917-square foot shopping center for $85.65 million, or $96 per leasable square foot. This purchase of JANAF Shopping Yard includes the assumption of $58.4 million of mortgage loans.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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