eNewsroom for: Devonshire REIT

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Devonshire REIT Company Profile

Devonshire REIT, Inc. is a fully integrated commercial real estate company that owns, operates and develops Grocery-Anchored and Value-Oriented Neighborhood Shopping Centers, and Triple-Net Single Tenant properties primarily in the Great Lakes, Midwest and Southeastern regions of the United States. The company's management team has over 200 years of commercial real estate experience combined and has bought, sold or developed over $1 billion in properties. This experience has been key in growing Devonshire from only $17 million in assets to almost $120 million in total assets and 1.75 million square feet under management. Devonshire REIT, Inc. was created as a commercial real estate investment vehicle expressly for professional fiduciaries, and unlike other private and non-traded REITs, Devonshire extracts no asset-based fees from its shareholders and pays no commissions. This leaves more of every investor dollar to be used for its intended pupose - acquiring high value, income generating properties. About Us.

News from Devonshire REIT:

Devonshire REIT Completes $88.4M Acquisition of Three Shopping Centers

WHITEHOUSE, Ohio, Nov. 12, 2014 /PRNewswire/ — Devonshire REIT, Inc., a private real estate investment trust, announced today the acquisition of 3 new properties: The Plaza at Chapel Hill in Akron/Cuyahoga Falls, Ohio; Oak Park Town Center in Chattanooga, Tennessee and Forest Park Plaza in Bra…

Devonshire REIT Completes Acquisition of 3 Shopping Centers for $69.75M

WHITEHOUSE, Ohio, Oct. 31, 2014 /PRNewswire/ – Devonshire REIT, Inc., a private real estate investment trust, announced today the acquisition of three shopping centers at a total cost of $69.75M: Maple Hill Mall in Kalamazoo, MI; Alpine Summit Shopping Center in Grand Rapids, MI; and Northwe…

Devonshire REIT Acquires Grocery-Anchored Center in Ohio for $35M

WHITEHOUSE, Ohio, June 16, 2014 /PRNewswire/ — Devonshire REIT, Inc., a private real estate investment trust, announced today the acquisition of Pavilion Shopping Center in Beachwood, OH, a suburb of Cleveland, for $35 million.
Logo - http://photos.prnewswire.com/prnh/20140616/11859…

Devonshire REIT Completes $31M Acquisition of 5 Retail Properties in Ohio

WHITEHOUSE, Ohio, Dec. 23, 2013 /PRNewswire/ — Devonshire REIT, Inc. (http://devreit.com), a private real estate investment trust, announced today the acquisition of five retail properties in Ohio for $31 million.
(Logo: http://photos.prnewswire.com/prnh/20131223/PH38036LOGO )
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Devonshire REIT Announces Acquisition of Great Lakes Plaza, Shopping Center in Mentor, OH with National Tenant Occupancy, for $8.0M

Company Expands Footprint into Cleveland MSA with Purchase of 100% Leased Center
WHITEHOUSE, Ohio, Dec. 5, 2013 /PRNewswire/ – Devonshire REIT, Inc. announces it has closed on the purchase of Great Lakes Plaza, a Michaels and hhgregg co-anchored shopping center located in th…

Devonshire REIT Announces Acquisition of Dollar Tree Anchored Shopping Center in Michigan

WHITEHOUSE, Ohio, July 9, 2013 /PRNewswire/ – Devonshire REIT, Inc. has closed on South Haven Shopping Center, a Dollar Tree and Dunham's Sports co-anchored shopping center in South Haven, MI. The property contains 40,040 square feet and is 100% leased. FirstMerit Bank, a division of Fi…