Investment Grade Funds Acquires Properties
IGF Investment Grade Fund, I, LP has acquired a 5,800 square foot Sherwin-Williams Home Improvement Building, on a long-term lease for $1,446,390.
The property is located at 18206 Manhattan Pkwy in Cornelius, North Carolina. It is just north of Charlotte, in an upscale residential community whose demographics have seen a substantial population growth over the past 25 years.
William Levy, Co-Founder/Senior Advisor at IGF Investment Grade Fund, I, LP, stated, “This asset has a combination of excellent demographics, is a necessity based retailer and fits our strict acquisition criteria. We are currently in escrow with four additional single-tenant, net-leased properties that will close in December 2016.”
IGF Investment Grade Fund I, LP is a $135 million real estate investment fund, who’s principals have over 46-years experience in the commercial real estate industry, throughout the United States.
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