Pasadena Realty Firm Touts Acquisition of $92 Million in Net-Leased Properties Last Month

Pasadena-based JRW Realty facilitated the acquisition of $92.34 million worth of net-leased assets in April on behalf of clients, the company announced Tuesday.

The acquisitions include 20 properties across 11 states in the South and Midwest that have national companies as tenants, operating essential businesses, such as Publix, PNC Bank and GIANT Food, JRW said in a written statement.

“From inception to date, JRW Realty has closed over $2.3 billion in transaction volume on behalf of its clients,” the statement said.

JRW Realty President Melinda Marston commended her team.

“We are proud to have facilitated a healthy amount of high-quality acquisitions in such a short amount of time,” Marston said. “Our team remains proactive and tenacious, helping us to provide the brokers and sellers who work with us a swift and seamless transaction experience. As of the end of April, we have helped our clients acquire over $283 million in net-leased properties this year.”

The company specializes in all-cash buyers who wish to acquire properties for “investment-grade and essential businesses,” according to the company statement.

“The clarity of JRW Realty’s clients’ strict acquisition criteria, the firm’s streamlined transaction processes, and its clients’ accessible balance sheet capital enable JRW Realty’s buyers to close transactions in 20 to 30 days after going under contract,” the statement added.

More information on JRW Realty can be found online at jrwrealty.com.