It has 100,000 sf of medical-office space and 40,000 sf of retail space. Its office space is about 60 percent leased.
The investment manager purchased the property on behalf of its client, BIT Wellington Green Square.
PS assumed $23.8 in mortgage debt on both properties
Completed April 2001; 76% leased; State Farm Insurance provided $21Mln mortgage.
Deal to close in October; property in lease-up phase; State Farm Life Insurance providing $21Mln acq loan
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