VEREIT offers joint venture investment capital for retail and single-tenant office and industrial properties throughout the United States. Utilizing our proven strategy of investing in high-quality real estate with creditworthy tenants, we are seeking partnerships with experienced real estate operators for property acquisitions, new development recapitalization and repositioning of existing core properties.
Joint Venture Example
- Tenant: AT&T, Inc.
- Building Type: Two Class-A Office Towers
- Location: Atlanta, GA
- Partner: Macfarlan Capital Partners
- Square Feet: 794,000
- Purchase Price: $226 Million
- Closed: April 2013
VEREIT partnered with Macfarlan Capital Partners, a private equity fund sponsor based in Dallas, TX to purchase a two-building office complex from a wholly-owned subsidiary of AT&T, Inc. The property is part of AT&T’s southern regional headquarters campus and is critical to AT&T’s core business operations.