leased 95% of the building, in part to house administrators of the Troubled Assets Relief Program (TARP). GSA will take full occupancy over a staggered period into the first half of 2010.
The deal is illustrative of the life insurance companies' re-emergence in the capital markets--a trend that has been quietly gaining traction in the last two months. As life insurance companies begin to set allocations for 2010, Mudd believes this trend will continue in the new year, although he hasn't heard of any specifics, he tells GlobeSt.com.
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