Wheeler Real Estate acquires 3 development properties for $4.2M

|About: Wheeler Real Estate Inve... (WHLR)|By:, SA News Editor

Wheeler (NASDAQ:WHLR) CEO Jon Wheeler: "The parcels of land are prime examples of the broad pipeline of locations available for us to develop in secondary and tertiary markets and are located in growing communities in which our team already has strong relationships."

The parcels were paid for with a combination of cash and assumption of debt.