Realty Income Corp. has agreed to acquire Spirit Realty Capital Inc. in a deal valued at $9.2 billion, further cementing its position as the behemoth of the net-lease REIT sector. The San Diego REIT will issue 0.762 of its shares for every outstanding Spirit Realty common share, for an equity value of $4.97 billion. It […]

The post Realty Income to Buy Spirit Realty, Further Bolstering Its Size appeared first on Commercial Real Estate Direct.