Green Touch Builders | Dividend Capital buys $68 million portfolio
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April 27, 2015 By SEO Admin

Dividend Capital buys $68 million portfolio

Dividend Capital Diversified Property Fund, a Denver-based real-estate investment trust, has purchased a $68 million portfolio of four office buildings in Austin, Texas.

The fund (Nasdaq: ZDPFEX) bought the City View portfolio, which consists of 274,000 square feet of space that its 99 percent leased to 22 tenants.

“The acquisition of City View supports our stated investment strategy by adding a high-quality asset with a diverse tenant roster in a market that we believe has strong long-term fundamentals,”…