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BattellePressRelease1-19-07

CRIC CAPITAL STRUCTURES A TRANSACTION WITH A MULTI-USE FACILITY IN WASHINGTON STATE

 

BOSTON — CRIC Capital, LLC, one of the nation’s leading investors in net leased and other credit real estate, recently completed structuring a transaction involving a 340,000 square foot office campus facility consisting of five buildings in Richland, Washington.   The lessee of the facility is an A-rated company by Standard & Poor's.

CRIC Capital coordinated the transaction which included an existing long term lease.  The transaction stratified the needs of several parties and enabled all involved to meet their business objectives.

About CRIC Capital, LLC

CRIC Capital, LLC, a privately-held firm backed by the deep institutional resources of Prudential Real Estate Investors, acquires and net leases individual assets and portfolios of commercial real estate to investment grade and non-investment grade companies, including both corporate and franchisee credits.  Net lease transactions allow corporations and organizations to strengthen their financial positions and free up capital to reinvest in their core business.   Over the years, the principals of CRIC Capital have been actively involved in closing over $6 billion of net lease transactions.

 

Contact:
Victoria Nessen Kohlasch
CRIC Capital, LLC
617-388-9862
vkohlasch@nessenkohlasch.com


CRIC Capital, LLC, A co-venture of CRIC & Prudential Real Estate Investors - One Exeter Plaza, Boston, Massachusetts 02116 - Tel: 617.303.4400 - Fax: 617.303.4440