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52.3 percent leased. The venture, Parkway Properties Office Fund II, also has lined up $22 million of fixed-rate financing for the property. Parkway expects its $5.2 million equity investment in the property to result in a 10.5 percent capitalization rate
Zaremba plans to complete construction of the two-building property, which it will rename West Sixth and operate as a rental. The property's first phase, a 22-story building, should be ready for occupancy by August, with the second phase, a 30-floor ...
30 percent leased.
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