NEW YORK – W.P. Carey Inc. has made three investments totaling $149 million and spanning 1.5 million square feet.
The investments encompass operationally-critical properties, which are triple-net leased to tenants, with a weighted-average lease term of 24 years.
The recent transactions bring W.P. Carey's year-to-date investment volume to $203 million; following the completion of two capital investment projects totaling $54 million.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
