Wheeler Real Estate Investment Trust Inc Acquires Free-standing Retail Property For $11.4 Million

The Company acquired the property through a sale-leaseback purchase contract with Reasor’s Foods. The property is secured by a 20-year, single-net lease expiring in 2033 with Reasor’s Foods, one of the grocers with 17 locations throughout Oklahoma. With this purchase, Wheeler will have fifteen properties in seven states across the Mid-Atlantic, Southeast and Midwest. Latest Developments for Wheeler Real Estate Investment Trust Inc
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Real Estate Investment Network Ltd. will Host the Authentic Canadian Real Estate Program in October

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Wheeler Real Estate Investment Trust, Inc. Acquires a Free-Standing Retail Property for $11.4 Million

Acquires a Free-Standing Retail Property for $11.4 Million Principle tenant is Reasors Foods, a regional grocery chain, under a 20-year lease term Purchase expands Wheelers presence in Oklahoma to four properties Press Release: Wheeler Real Estate Investment Trust, Inc. 9 hours ago View Photo Wheeler Real Estate Investment Trust Inc. sites (NASDAQ:WHLR) acquires a free-standing retail property located in Jenks, OK (photo above). The property is guaranteed by Reasor’s Foods. Additional information on the property can be found at the Company’s website: http://www.whlr.us.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/wheeler-real-estate-investment-trust-124500443.html

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