380 Westminster Street, Providence, RI

Acquisition Summary
Ownership Interest 100%
Purchase Price (million) US$20.0


Property Statistics
Property Type Office
NLA (sf) 130,600
Occupancy 100.0%
Current Rent (psf pa) US$24.41
Mark Rent (psf pa) US$24.50
WALT (by income) 0.8 years
Class B
Completion Date 1983

Valuation Summary
Valuation (million) US$25.4
Cap Rate 7.00%
Valuer CBRE
 


Major Tenant Profile
Tenant Square Feet % by Area Lease Maturity Years Remaining
US General Services Administration 130,600 100% Mar 2008 0.8