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PREP Exchange, a Dedicated 1031 Exchange Platform Offering Fractional Ownership in Institutional-Quality Real Estate via Delaware Statutory Trusts (DSTs), launches first debt-free offering...
Last o'reilly automotive, inc. earnings: 4/22 04:30 pm
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US:NASDAQ Investor Relations: corporate.oreillyauto.com/corporate/whoweare.do
of retail real estate, today announced its first fractional Delaware Statutory Trust (DST) investment, PREP Essential Net Lease I DST, an all-cash, single-property absolute net lease offering. PREP Exchange The DST acquired the Shaw's Supermarket property located at 160 Paine Turnpike North, Berlin, Vermont 05602 (the "Property"), a necessity-based retail asset built in 1996 and continuously leased by Shaw's Supermarkets, Inc. since March 1997. The Property consists of approximately 35.75 acres of land and a two-unit building with approximately 89,702 rentable square feet of retail space occupied by Shaw's and its subtenant O'Reilly Auto Parts. Shaw's Supermarkets was founded in 1860 in Portland, Maine and is one of the oldest continuously operated supermarkets in the United States. Shaw's' Supermarkets, is the #1 grocer in the state of Vermont by both total store count as well as sales volume and the third largest grocer in New England by total store count. Shaw's Supermarkets
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