SR Realty Trust Completes Acquisition of Multi-Tenant Office Building in Omaha, NE
August 1, 2016
Minneapolis, MN, July 29, 2016 – SR Realty Trust, Inc., a private real estate investment trust, acquired the Bedford Office Building, a multi-tenant property, located in Omaha, Nebraska. The fully-leased, 13,792 sq. ft. office building is located near the intersection of West Maple Road and I-680.
The property was purchased from 101 Investors through a partnership contribution for $1,800,000.
Evan Richardson, Director of Capital Market for Schafer Richardson said, “The Bedford Office Building is a solid addition to our portfolio as we look to expand our presence in Nebraska.” The Bedford Office Building acquisition marks SR Realty Trust’s thirteenth 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.
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