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Posted: July 11, 2011
Hammill and Shulman of Capview represent USAA in sale of 16-property portfolio
USAA Real Estate Co. has completed the sale of a single tenant net lease retail portfolio, consisting of 16 properties spanning several U.S. markets. The portfolio was purchased by an affiliate of The Inland Real Estate Group of Cos., Inc. Details of the purchase agreement were not disclosed. The retail portfolio totals 118,046 s/f of properties leased to tenants including Bank of America, Walgreens and AT&T, located in Fla., Georgia, Minn., Missouri, North and South Carolina, Oregon, Tex. and Wisconsin. John Hammill and Ken Shulman of Capview Partners represented USAA.
"These assets have been outstanding investments for our company during our holding period and should represent an excellent investment for Inland," said USAA chairman and CEO Pat Duncan.
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