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Gramercy Property Trust Acquires a $17.85 Million Cold Storage Facility in Yuma

Gramercy Property Trust Inc. of New York (NYSE:GPT), a real estate investment trust, has closed on the acquisition of an approximately 220,000 square foot food-grade cold storage and distribution facility located at 3701 S Avenue 3 ½ East in Yuma, Arizona. The sale price reported was $17.85 million ($81 PSF). Yuma County boasts the longest …

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Particulars and Players in Canada Safeway $5.8 Billion Deal

M&A activity has picked up recently in the Food Retail sector. Taking all things into account, it seems strategic buyers, management and private equity firms are willing to bet multi-billion-dollars on this sector. That kind of money always gets investors’ attention so we wanted to learn all the particulars we could on the recent Safeway …

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