Meaning core properties
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core properties

Definition The main types of property, specifically office, retail, industrial, and multi-family.


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core properties

The major property types - specifically office, retail, industrial and multifamily. Core assets tend to be built within the past five years or recently renovated. They are substantially leased (90 percent or better) with higher-credit tenants and well-structured long-term leases with the majority fairly early in the term of the lease. Core assets g [..]
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