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Article: American Industrial Properties REIT Announces Agreement With Four Real Estate Limited Partnerships

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PR Newswire
Article date:
June 10, 1997
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DALLAS, June 10 /PRNewswire/ -- American Industrial Properties REIT (NYSE: IND) (the "Trust") today announced that an agreement had been signed contemplating the merger of four real estate limited partnerships into the Trust. The four real estate limited partnerships are USAA Real Estate Income Investments I Limited Partnership, USAA Real Estate Income Investments II Limited Partnership, USAA Income Properties III Limited Partnership, and USAA Income Properties IV Limited Partnership (collectively, the "RELPs"). Each of the RELPs is affiliated with USAA Real Estate Company ("USAA REALCO"), which currently owns 31.8% of the outstanding shares of the Trust. Among other ... 







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