Few Phoenix changes seen after American Realty’s buyout of Cole Real Estate

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By Kristena Hansen | Phoenix Business Journal

The $11.2 billion-buyout of Cole Real Estate Investments Inc. officially commenced Feb. 7, and it has since been business as usual at company’s former Phoenix headquarters. The takeover by New York-based American Realty Capital Properties Inc. (Nasdaq: ARCP) makes the combined entity one of the nation’s biggest commercial landlords and largest net-lease real estate investment trust, or REIT, with an enterprise value of more than $21.5 billion.

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