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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 .
Stone cladding is a stone veneer, or simulated stone, applied to a building or other structure made of a material other than stone. Stone cladding is sometimes applied to concrete and steel buildings as part of their original architectural design.
Because the masonry veneer is non-structural, it must be tied back to the building structure to prevent movement under wind and earthquake loads. Brick ties are used for this purpose, and may take the form of corrugated metal straps nailed or screwed to the structural framing, or as wire extensions to horizontal joint reinforcement in a fully masonry veneer or cavity wall.
That deal will add an average of 20% to its free cash flow per share through 2027. Meanwhile, it recently agreed to buy Medallion Midstream and a large stake in EnLink Midstream for $5.9 billion .
[2] [1] These expenses are often categorized into the "three nets": property taxes, insurance, and maintenance. In US parlance, a lease where all three of these expenses are paid by the tenant is known as a triple net lease, NNN Lease, or triple-N for short and sometimes written NNN. The term "net lease" is distinguished from the term "gross ...
Dec. 2—HIGH POINT — The site of a Tesla dealership under construction in High Point has flipped ownership. A California limited liability company called "Alosta NNN" this week acquired the 5.7 ...
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