97 percent leased. The buyer is funding its pending purchase with roughly $41 million of mortgage financing.
The assumed mortgage has a 6.02 percent coupon and matures in 2019. Pure said it expects the purchase price to reflect a going-in capitalization rate of 7.4 percent.
The buildings are at the northeast quadrant of North Central Expressway and Campbell Road. One building, with 203,000 sf, is leased to an AT&T subsidiary, while the other, with 115,000 sf, is occupied by MetroPCS Wireless.
56 percent leased; Hartman Short Term Income Properties XX Inc., a non-traded REIT that the Houston company registered in 2009, holds a 10 percent stake in the buying venture, and Hartman Short Term Income Properties XIX Inc., an investment company ...
85 percent occupied.