Roger Gault, president of the Gault Co., has acquired a 95-unitmultifamily asset in St. Louis; 19,530-sf shopping center in theEast Texas town of Lindale; 25,013-sf single-tenant flex officebuilding in Irving; and 8,000-sf Texas Land & Cattle SteakHouse in Arlington, TX. The deals ranged from $1.65 million tonearly $8 million, sending roughly $15 million into action.
"The thought on all is to hold long term," Gault tellsGlobeSt.com. "We really underwrote the real estate. It's allwell-located." The one exception could be the multifamily piece,which could swing to condos in two years.
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