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Acosta Class A Office Building - Jacksonville, Florida

CPA:18 - Global Acquires $17 Million Class A Office Building in Jacksonville, Florida

July 13, 2015 - CPA®:18 – Global acquired an 88,000 square-foot office building located in Jacksonville, Florida. The building is triple-net leased to Acosta, Inc. (Acosta), a portfolio company of The Carlyle Group, for a 12-year period. It was purchased for approximately $17 million, including acquisition fees.

Scania Logistics Facility

W. P. Carey Inc. Acquires $26 Million Logistics Facility Net Leased to Scania

July 2, 2015 - W. P. Carey Inc. has acquired a logistics facility in Oskarshamn, Sweden for approximately $26 million (SEK 216 million). The facility was purchased from the developer and is net leased to Scania AB (Scania), a leading manufacturer of commercial vehicles.

The Ritz-Carlton, Fort Lauderdale

Carey Watermark Investors Purchases The Ritz-Carlton, Fort Lauderdale Property in Joint Venture

Carey Watermark Investors Incorporated (CWI 1) has acquired a majority interest in The Ritz-Carlton, Fort Lauderdale property in a joint venture with RCFL Holdco, LLC, an affiliate of Gencom.

About W. P. Carey

W. P. Carey Inc. (NYSE: WPC) is a leading global net lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide. At March 31, 2015, the Company had an enterprise value of approximately $11.2 billion. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of non-traded publicly registered investment programs with assets under management of approximately $9.5 billion. Its corporate finance-focused credit and real estate underwriting process is a constant that has been successfully leveraged across a wide variety of industries and property types. Furthermore, its portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows, enabling it to deliver consistent and rising dividend income to investors for over four decades. 

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