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