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3min chapter
263. Consumer Spending Dip, Sunbelt Multifamily, Ground Lease Valuation, & Industrial Sales
The TreppWire Podcast: A Commercial Real Estate Show
Discussion on the Sale of Office Property in Minneapolis Suburb
The chapter covers the $60.7 million sale of a two-building office property in a Minneapolis suburb to an affiliate of Real Capital Solutions, fully occupied by Blue Cross Blue Shield of Minnesota with a lease agreement until January 2037, with sale proceeds used to pay down financing related to the spin-off of the office properties by WP Carey.
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