Cole Real Estate Investments, Inc. is a real estate investment trust (REIT). The Company operates in two segments: Real Estate Investment (REI) and Private Capital Management (PCM). The Company�s REI segment is conducted through Cole REIT III Operating Partnership, LP (CCPT III OP). The Company�s PCM segment is conducted through Cole Capital Advisors, Inc. (CCA). Through its REI segment, the Company acquires and operates a diverse portfolio of core commercial real estate investments primarily consisting of necessity retail properties located throughout the United States, including United States protectorates. The Company�s PCM segment is responsible for managing the Managed REITs� affairs on a day-to-day basis, identifying and making acquisitions and investments on the Managed REITs� behalf. In February 2014, American Realty Capital Properties Inc purchased Cole Real Estate Investments, Inc.