Carnegie Companies is pleased to announce the sale of 11 residential townhome lots in Fraser, CO. This sale represents the 3rd and final tranche in a lot takedown agreement with our Colorado based development partner. The sale will conclude an investment which originated in April 2022 and will solidify a 1.9x return and a 29% IRR. [...]
Carnegie Companies is pleased to announce the sale of an outparcel at Dexter Crossing, a neighborhood shopping center in Dexter, Michigan. Carnegie sold the outparcel for the development of a free-standing Ziggi’s Coffee. This sale and development will add additional traffic and momentum to the shopping center and retail node and offers a much needed amenity for the community of Dexter. Carnegie [...]
Carnegie Companies is proud to announce the acquisition of a single tenant property in Painesville, OH. The property is leased 100% to Bloom Medicinals. Carnegie successfully negotiated a lease extension on the asset during due diligence and the investment provides a double digit unleveraged return with the stability of a proven MSO in the cannabis [...]
Carnegie Companies is pleased to announce the sale of a second outparcel (apx 1 acre) at Meadowview Square, a Wal-Mart anchored retail shopping center in Kent, Ohio. Carnegie sold the outparcel for the development of a free-standing corporate Taco Bell. This sale and development will add additional traffic and momentum to the shopping center and [...]
Carnegie Companies is pleased to announce the phased sale of 5 additional residential townhome lots in Fraser, CO. This sale represents the 2nd tranche in a lot takedown agreement with our Colorado based development partner. The sale will return apx 94% of Carnegie’s original basis in the deal and leave Carnegie with 11 additional townhome [...]
