American Realty portfolio manager Kirk Helgeson explains that, "2033 K St. is a well-positioned, resilient asset, that is 100% leased to a credit worthy tenant base with limited short-term exposure to lease rollover providing both income stability and strong income growth potential that we expect will yield above market returns in the coming years. In today's competitive market, investing in a property of this quality at an attractive price is what allows us to continue to achieve superior returns for our clients."
The company has stated as its goal during the second quarter, the acquisition of a total of $100 million in institutional grade properties.
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