IRA Capital Recently Sells Ross Dress for Less in San Jose, CA

IRA Capital, LLC announced today the disposition of a 27,118 square foot Ross Dress for Less retail store in San Jose, California. Ross Dress for less recently signed a 10 year lease renewal extending their lease expiration until January of 2019 with four 5-year renewal options thereafter. Ross Stores, Inc., and S&P 500, a Fortune 500 and Nasdaq 100 (ROST) company headquartered in Pleasanton, California, is the nation’s second largest off-price retailer with Ross Dress for Less offerings of first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20% - 60% off department and specialty store prices.IRA Capital is a privately-held commercial real estate investment and management company with a diverse portfolio of commercial real estate holdings throughout the United States. IRA acquires core, core-plus, and value-added real estate for its own accounts and on behalf of its partners, which include high net-worth individuals, family offices, opportunity funds, and institutions. IRA’s principals have built a strong track record in executing more than $3 Billion in transactions across all product types.