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Cole Companies Acquires $356 Million in Real Estate During the First Quarter of 2007.


PHOENIX -- Cole Companies acquired 34 properties during the first quarter of 2007, totaling over $356 million and 3,145,540 square feet.

Chris Robertson Chris Robertson is a former professional squash player from Australia. He won the World Junior Squash Championship title in 1984 [1], and went on to become one of the leading players in the men's professional game in the late-1980s and early-1990s. , Cole's Senior Vice President of Acquisitions, noted, "Our acquisitions team had a robust first quarter and propelled us more than one-third of the way to our stated annual goal of $1 billion in closed retail transactions for the year. Our pipeline continues to grow, and our commitment to quality has positioned Cole as the 'go to' company in the commercial retail marketplace."

The company acquired the following properties during the first quarter of 2007:
[TABLE OMITTED]


About Cole Companies

Cole Companies is a leading real estate investment management firm that is focused on the acquisition of quality commercial real estate. Primarily, Cole is focused on freestanding free·stand·ing  
adj.
Standing or operating independently of anything else: a freestanding bell tower; a freestanding maternity clinic.
, single-tenant properties leased to high-quality tenants in a variety of retail businesses as well as multi-tenant In the Software as a Service (SaaS) software architecture, multi-tenant refers to the ability of the hosting site to support multiple organizations ("tenants") at the same time.

Multi-tenancy is a key feature of a true SaaS architecture.
, office and industrial properties that compliment Not to be confused with Complement.
Compliment may be
  • An expression of praise, congratulation or encouragement.
  • A misspelling for complement, meaning something which makes the original object complete.
 our overall investment strategies. Since 1979, Cole has formed and managed over 100 investment programs, owning and/or and/or  
conj.
Used to indicate that either or both of the items connected by it are involved.

Usage Note: And/or is widely used in legal and business writing.
 managing real estate with a combined acquisition and development cost in excess of $2 billion.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 25, 2007
Words:185
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