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It comes after the loan defaulted in November.
Rents only grew modestly — but it's significant when put in a broader light.
The company hopes to add more than 1.3 million SF of office and retail to its portfolio.
Vacancies have dipped by 260,015 square feet year-over-year in 2024.
It was the third busiest year on record.
In the third and fourth quarters, no new supply and construction was reported.
The Northwest Orange and Kissimmee /St. Cloud submarkets drove performance.
The portfolio takes up 34.8 acres.
Areas like Michigan, Cleveland, Cincinnati, and Milwaukee offer more stability.
That comes despite the area seeing a decline in 2024.