SR Realty Trust Completes Acquisition of Multi-Tenant Commercial Building in Lincoln, NE
January 10, 2017
SR Realty Trust, Inc., a private real estate investment trust sponsored by Schafer Richardson, Inc., acquired The Edge, a multi-tenant commercial property located in Lincoln, Nebraska, on October 21, 2016. The fully-leased, 102,265 sq. ft. commercial building is located near the intersection of S. 56th Street and Highway 2.
The property was purchased from BCLINC through a partial UPREIT.
Evan Richardson, Director of Capital Market for Schafer Richardson said, “The Edge is a welcomed addition to our portfolio as we look to continue our expansion in Nebraska.” The Edge acquisition marks SR Realty Trust’s fourteenth acquisition since inception.
SR Realty Trust, Inc. is a private real estate investment trust managed and advised by Schafer Richardson, Inc., a fully integrated commercial real estate company that owns, operates and develops commercial properties in the Midwest.