Realty Income to purchase 185 properties from CMFT for $894m

Realty Income to purchase 185 properties from CMFT for $894m

Realty Income, The Monthly Dividend Company, will acquire up to 185 single-tenant retail and industrial properties from subsidiaries of CIM Real Estate Finance Trust (CMFT) in an all-cash transaction valued at around $894 million. Leased to 55 retail clients, the collective 185 property portfolio is estimated to include up to 4.6 million square feet of […]