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Cap rates in the single-tenant net lease sector rose slightly in the second quarter after hitting historically low levels in the previous quarter, according…
Leasing activity in the second quarter totaled 1.1 million square feet, more than twice the previous quarter, showing early signs that a recovery is underway.
With this transaction, MGM Resorts is now 100% owner CityCenter on the Las Vegas Strip, which is comprised of Aria Resort & Casino and Vdara Hotel and Spa.