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The diversified real estate investment trust (REIT) made a strategic decision to exit the office sector at the end of 2023. ... (by forming office REIT Net Lease Office Properties), the sale of a ...
LoopNet is an online marketplace for commercial property, primarily providing commercial property listings for sale and for lease in the United States and is currently owned by commercial property data company CoStar Group.
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.).
In commercial real estate leases in the United States, the tenant, rather than the landlord, is usually responsible for real estate taxes, maintenance, and insurance. In a "net lease", in addition to base rent, the tenant or lessee is responsible for paying some or all of the recoverable expenses related to real-estate ownership.
The fact that W.P. Carey is a net-lease REIT is an important factor to consider in its decision to exit the office sector. Net-lease assets are generally single-tenant properties. Net-lease assets ...
This platform allows accredited investors to invest in commercial real estate, invest today for a 1% boost. As of June 30, 2024, approximately 93.2% of FrontView’s leases were triple net leases.
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