Realty Income, represented by Sumit Roy, has acquired seven retail properties across Arizona and Florida from Barclay Group for a total price of $94 million. The properties are located at 9101 East Baseline Road, 27 40 East University Road, 750 East Guadalupe Road, 11275 East Via Linda Road, 20722 East Riggs Road, 5891 South Gornto Lake Road, and 2194 Argosy Drive. These properties are situated in the markets of Mesa, Scottsdale, Arizona; Riverview, and Lutz, FL. The asset type for these properties is retail.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $94,000,000
• Square Footage: 340,451
• Price Per Square Foot: $276
• Buyer: Realty Income - Sumit Roy
• Seller: Barclay Group
• Broker: SRS Real Estate Partners

The properties acquired by Realty Income have triple net leases to EoS Fitness. The purchase price per square foot for these properties amounts to $276.10. This transaction demonstrates Realty Income's expansion into the retail market in Arizona and Florida, solidifying its presence in these regions.