AEI Capital to buy more in Best Buy
AEI Capital Corporation on Monday said it has increased its investments to buy more than $30 million in Best Buy for its net leased property to protect investor’s capital, using all-cash without debt.
“Net leased Best Buy stores within AEI commercial net leased real estate funds confirms our strategy of owning high quality net leased properties occupied by tenants who are the leaders in their categories,” said George Rerat, managing director of acquisitions.
AEI is the America’s oldest sponsor of commercial real estate investment funds, specializing in net leased retail properties, has $441 million cash and 18,500 investors nationwide.
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