Finance Net Leasing
May 4, 2009
AEI Capital Corp. has purchased more than $30 million of Best Buy properties for its net leased property investment funds. “Net leased Best Buy stores within AEI commercial net leased real estate funds confirms our strategy of owning high quality net leased properties occupied by tenants who are the leaders in their categories. Best Buy is an excellent tenant and we are pleased to have these properties in our portfolio,” George Rerat, managing director of acquisitions said in a release. The new Best Buy property was purchased as part of AEI’s continuing investment strategy, using all-cash without debt, to acquire net leased commercial real estate under long-term lease to major credit tenants in prime locations.
AEI Capital Corp. has purchased more than $30 million of Best Buy properties for its net leased property investment funds. “Net leased Best Buy stores within AEI commercial net leased real estate funds confirms our strategy of owning high quality net leased properties occupied by tenants who are the leaders in their categories. Best Buy is an excellent tenant and we are pleased to have these properties in our portfolio,” George Rerat, managing director of acquisitions said in a release. The new Best Buy property was purchased as part of AEI’s continuing investment strategy, using all-cash without debt, to acquire net leased commercial real estate under long-term lease to major credit tenants in prime locations.
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