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In 2005 the building was sold by TIAA-CREF to Triple Net Properties, a real estate company based in Santa Ana, California, for $95 million. [2] It had an assessed value of $89.2 million in 2005. [3] [4]
NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida. [1]
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
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The multibillion-dollar Texas company arrived in Milwaukee in 2019 and quietly grew to be the city's largest single-family landlord. Here's what you need to know about VineBrook, a major Milwaukee ...
Milwaukee homes to be built through early 2026. The Milwaukee project is being financed with a $4.5 million state grant provided through federal American Rescue Plan Act money; a $1 million ...