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Real Estate Acquisitions and Dispositions (Tables)
9 Months Ended
Sep. 30, 2019
Real Estate [Abstract]  
Schedule of Real Estate Asset Acquisitions and Dispositions

The following table reflects the Company's acquisition activity for the nine months ended September 30, 2019:

 

Multifamily Acquisition (1)

 

Market

 

Units

 

 

Date Acquired

Novel Midtown

 

Phoenix, AZ

 

 

345

 

 

February 2019

 

 

 

 

 

 

 

 

 

Land Acquisition

 

Market

 

Acres

 

 

Date Acquired

North Orange Avenue - Outparcel

 

Orlando, FL

 

 

2

 

 

April 2019

 

 

 

 

 

 

 

 

 

Commercial Acquisition

 

Market

 

Sq Ft

 

 

Date Acquired

220 Riverside Retail

 

Jacksonville, FL

 

 

14,941

 

 

August 2019

 

(1)

This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company holds an 80.0% interest in the joint venture.

The following table reflects the Company's disposition activity for the nine months ended September 30, 2019:

 

Land Disposition

 

Market

 

Acres

 

 

Date Sold

Peachtree Road - Outparcel

 

Atlanta, GA

 

 

1

 

 

February 2019

Colonial Promenade - Outparcel

 

Huntsville, AL

 

 

4

 

 

April 2019

 

 

 

 

 

 

 

 

 

Commercial Disposition

 

Market

 

Sq Ft

 

 

Date Sold

Poplar Avenue Office

 

Memphis, TN

 

 

42,000

 

 

March 2019