The Acquisition of Jo-Ann Fabrics - February 2015

The Acquisition of Jo-Ann Fabrics – February 2015

Crimson Capital is pleased to announce the acquisition of JoAnn Fabrics & The Tile Shop, a 61,657 square foot two-tenant retail shopping center in Overland Park, KS. The acquisition closed on February 26, 2015. The property’s superb location in one of the strongest retail submarkets in the United States, combined with the security of JoAnn’s long term Lease makes this asset a perfect addition to our well-performing, income-producing, retail portfolio. This asset will provide our Investors with consistent monthly income and the potential for long term appreciation.

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