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The Long Runway of Industrial Success
When I got into industrial in 2005 it wasn't nearly as rosy of an outlook as it is today. And so if they don't exercise the option, you know, I'm actually going to be able to increase it to probably closer to a 14 or 15 cap just based on the improvements that they put into it. Once again, I needed the cash flow immediately just because I wasn't too familiar with industrial and then I wanted that upside on the back end and then below replacement cost too. So really like that deal, it's fun. And it's just it is triple nets.