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The company had reported the sale of the 38 properties was valued at an aggregate purchase price of $385.0 million. The amended portfolio sale of 28 properties is now valued at approximately $282.5 million.
“This sale continues our strategy of selectively disposing of certain properties to generate proceeds to fund value-add and opportunistic acquisitions in the future.”
With the purchase now finalized, SST II has added 29 self-storage facilities to its portfolio and obtained the right to acquire one other self-storage facility currently under contract.
State Street Corp. reports it has signed a 15-year lease for approximately 510,000-square-feet at the planned 43-story office tower, part of the Bullfinch Crossing redevelopment project in Downtown Boston.