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National Storage Affiliates Trust and Heitman Capital Management have secured two institutional lenders to provide approximately $643 million in 10-year secured debt to fund part of the acquisition.
After a record 2017, retail leasing volume this year seems to be leveling off and renewing clients may be looking for rent reductions in the second half of the year.
Team officials said the ballpark is projected to cost $809 million with additional infrastructure costs of $83 million. The new ballpark they said could be complete in time for the first pitch on Opening Day 2023.
Sabey Data Center Properties agrees to rent the entire top floor of its Lower Manhattan tower, known as the Verizon Building, to the architecture firm for 20 years.