The Traderszone Network

Published in TZ Latest News 28 August, 2014 by The TZ Newswire Staff

W.P. Carey Buys Buildings; Leases Back To Occupants

W.P. Carey has purchased a $47 million office building occupied by Bose, which it will lease back to the stereo maker. It is the latest acquisition by W.P. Carey (WPC), a real estate investment trust (REIT) that specializes in buying corporate and commercial properties and leasing them back to either the former owner or the occupant.

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