California public REIT buys Northern Tool + Equipment store


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  • | 11:00 a.m. June 26, 2015
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BUYER: Realty Income Properties 6 LLC (Realty Income Corp.), San Diego, Calif.
SELLER: DRW Partnership LLLP
PROPERTY: 1482 Brown Road, North Fort Myers
PRICE: $4.5 million
PREVIOUS PRICE: $603,100, April 2000
ATTORNEY ON DEED: Theodore Meyer, Esq.

PLANS, DESCRIPTION:
Realty Income Corp. purchased a 23,825-square-foot retail store for $4.5 million.

The price equated to $189 per square foot.

 

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