Le Lézard
Classified in: Business
Subject: RLE

Tempus Realty Partners Acquires Lane Bryant Headquarters Campus for $42M


LITTLE ROCK, Ark., Nov. 10, 2022 /PRNewswire/ -- Tempus Realty Partners, an Arkansas-based real estate investment partnership, today announced the acquisition of Lane Bryant's 236,070 square foot campus located in New Albany, Ohio. Total purchase price was $42 million.

The fully leased, Class A two-building headquarters, located at 8323 Walton Parkway, features a workspace with an on-site café, fitness center, multi-tiered water feature and a walking trail that winds through the surrounding green space. Lane Bryant will remain a tenant for at least the next 20 years. The property benefits from its easy access to entertainment including fine dining, hotels and event destinations. In addition, the heavily traveled Route 161 is less than one mile away.

"This purchase marks our sixth in the Columbus-area market" Dan Andrews, Tempus Realty Partners CEO, said. "We're thrilled to add such a high-quality property with a well-respected tenant to our portfolio."  

Lane Bryant, established in 1904, is a leader in plus size women's apparel with 450 stores nationwide.

ABOUT TEMPUS REALTY PARTNERS

Tempus Realty Partners is an investor-centric real estate investment partnership focused on acquiring and developing commercial real estate mainly in the South and Midwest. The strategy of Tempus is to create superior risk adjusted returns via unique commercial real estate opportunities by investing with its network of partners in targeted cities.

SOURCE Tempus Realty


These press releases may also interest you

at 12:20
Tiendas 3B Announces New Time for Its Full Year and Fourth Quarter 2023 Earnings Conference Call
BBB Foods Inc. ("Tiendas 3B" or the "Company") announced a change in the scheduling of its upcoming earnings results conference call. The call will still take place on April 26, 2024, but will now be held at 10:00 a.m. ET, instead of the previously...

at 12:15
HealthPRO Canada Board of Directors Appoints Christine Donaldson as President and CEO
HealthPRO Canada's Board of Directors is pleased to announce the appointment of Christine Donaldson as the organization's President and CEO, effective May 1st, 2024. Donaldson, who joined HealthPRO Canada's senior leadership team nearly seven...

at 12:15
Mullen Group Ltd. Announces Declaration of Monthly Dividend
The Board of Directors of Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation") announced today that it has declared a monthly dividend of $0.06 per Common Share payable to the holders of record of Common Shares at the close of...

at 12:11
Canadian Investment Regulatory Organization Trading Halt - GIGA.WT
The following issues have been halted by CIRO Company: Giga Metals Corporation TSX-Venture Symbol: GIGA.WT All Issues: No Reason: Pending Delisting Halt Time (ET): 12:00 PM CIRO can make a decision to impose a temporary suspension (halt) of...

at 12:11
CF BANKSHARES INC., PARENT OF CFBANK, NA, ANNOUNCES 3 KEY COMMERCIAL LEADERSHIP ADDITIONS TO CFBANK
CF Bankshares Inc. (the "Company"), the parent of CFBank, NA, on behalf of Brad Ringwald, CFBank President, and Tim O'Dell, CEO, is pleased to announce the recent additions of the following 3 Key Leaders, in the CFBank Commercial Banking Division. ...

at 12:07
TÜV Rheinland reports strong growth in 2023 due to company acquisitions and revenues
TÜV Rheinland, a leading certification, testing and inspection company, presented its annual report in which it highlighted substantial investment in its strategic growth in 2023. The globally active testing group took over ten companies in Germany,...

More news about Business...


News published on and distributed by: