Cole Real Estate Investments, Inc. (Cole or Cole Real Estate Investments), a diversified real estate company, announced the acquisition of three Class A office properties by Cole Corporate Income Trust, Inc. (CCIT) for $160.8 million. The properties, located in Texas and Massachusetts, include a multi-building Allstate corporate campus, the corporate headquarters for The Men’s Wearhouse and a newly constructed office building housing a multi-specialty medical practice operated by Harvard Vanguard Medical Associates. CCIT invests primarily in strategic single-tenant, income-producing, necessity corporate properties leased to creditworthy tenants under long-term net leases. Cole Corporate Income Advisors, LLC, a subsidiary of Cole Real Estate Investments, serves as external advisor to CCIT. “These high-quality assets exemplify CCIT’s investment criteria,” said Robert Micera, chief investment officer for office and industrial at Cole. “Strategic properties with creditworthy corporate tenants, under long-term net leases, are our primary target. These properties are well-located in major MSAs and are mission critical for the corporate tenants.” With these recent transactions, CCIT’s real estate portfolio consists of 35 wholly-owned properties located in 17 states, totaling approximately 5.6 million square feet and with an aggregate purchase price of approximately $921.1 million. The overall weighted average credit rating of the rated tenants in the portfolio is A-, and the weighted average remaining lease term is nearly 11 years. More than 63% of CCIT’s portfolio consists of tenants rated by Standard & Poor’s, and of those tenants more than 88% are rated investment grade. ALLSTATE INSURANCE CO. – Irving Campus – Dallas/Ft. Worth MSA CCIT acquired a multi-building corporate campus leased to Allstate Insurance Co. (S&P “AA-”). The 458,338-square-foot campus is comprised of three interconnected three-story office buildings, one five-story office building and one single-story flex industrial building. Through a sale-leaseback transaction, Allstate will occupy the campus under a 12-year lease, plus renewal options. Allstate is a leading insurer, primarily engaged in the personal property and casualty insurance business, as well as the life insurance, retirement and investment products business.