Crimson Capital is pleased to announce the acquisition of a 67,490-square-foot Ross Dress For Less store in El Paso, TX. The acquisition closed simultaneously with a below-market loan originated by a balance sheet lender on October 16th, 2008.
Located steps away from the PetSmart purchased in December 2007, Crimson Capital was drawn to the superb location of Yarbrough Plaza and Ross’s historically high store sales. This acquisition provides investors with the stability of an investment-grade tenant, consistent monthly income, and favorable tax benefits through component depreciation.
To receive investment information or to set up a meeting please contact us.