Preservation group acquires 6 historic homes in Indiana city

WABASH, Ind. (AP) — A preservation group plans to renovate the exteriors of six run-down homes in a northern Indiana city and put them on the market next year in hopes of spurring a historic neighborhood’s rebirth.

Indiana Landmarks said it acquired the historic homes, built in Wabash between the 1870s and the early 1900s, during an auction. The Indianapolis-based nonprofit said the homes illustrate a range of architectural styles in the city’s East Wabash Historic District.

“There truly is something for everybody, from a modest, wood-frame house to larger Victorians. It’s a mad mix of styles and sizes,” said Paul Hayden, director of Indiana Landmarks’ northwest office in Wabash.


Hayden will lead the renovation of the homes’ exteriors and the effort to put them back on the market in early 2021. The properties recently served as rental housing, and most were divided into apartments.

Wabash has a vibrant downtown,

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Strategic Storage Growth Trust II, Inc. Acquires Two Self Storage Facilities Near Tampa, Florida

The MarketWatch News Department was not involved in the creation of this content.


LADERA RANCH, Calif., Sept. 23, 2020 /PRNewswire via COMTEX/ —
LADERA RANCH, Calif., Sept. 23, 2020 /PRNewswire/ — Strategic Storage Growth Trust II, Inc. (“SSGT II”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc., announced today its acquisition of two recently constructed self storage facilities located in St. Petersburg and Lutz, Florida.

“These acquisitions represent Strategic Storage Growth Trust II’s continued expansion in the highly attractive Florida market. The Class A facilities are highly visible and located in growth paths adjacent to community retail centers and residential developments,” said Wayne Johnson, chief investment officer of SSGT II. “These properties are the type of high-quality self storage facilities that Strategic Storage Growth Trust II seeks to acquire on behalf of its investors and we anticipate significant revenue growth from the

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Innovative Industrial Properties, Inc. (IIPR) Acquires Florida Property and Expands Real Estate Partnership with Parallel

The MarketWatch News Department was not involved in the creation of this content.

Sep 21, 2020 (Marijuana Stocks via COMTEX) —
Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a property in Lakeland, Florida from an affiliate of Parallel, one of the largest privately-held multi-state cannabis operators in the U.S. Parallel is the corporate parent company to Surterra Wellness, its market leading retail brand in Florida and one of the original licensed vertical operators in the Sunshine State, which has a rapidly growing footprint that includes 39 retail dispensaries across the state and multiple industrial-scale cultivation, production, kitchen and research facilities.

The purchase price for the property was approximately $19.6 million (excluding transaction costs). Concurrent with the closing of the purchase, IIP

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Innovative Industrial Properties Acquires Florida Property and Expands Real Estate Partnership with Parallel, a U.S. Cannabis Company

SAN DIEGO–(BUSINESS WIRE)–
Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a property in Lakeland, Florida from an affiliate of Parallel, one of the largest privately-held multi-state cannabis operators in the U.S. Parallel is the corporate parent company to Surterra Wellness, its market leading retail brand in Florida and one of the original licensed vertical operators in the Sunshine State, which has a rapidly growing footprint that includes 39 retail dispensaries across the state and multiple industrial-scale cultivation, production, kitchen and research facilities.

The purchase price for the property was approximately $19.6 million (excluding transaction costs). Concurrent with the closing of the purchase, IIP entered into a long-term, triple-net lease agreement for the property with a subsidiary of Parallel, which intends

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