This transaction provides Wells REIT II with a Class-A building in a desirable location in the Tampa metropolitan area at a price near replacement cost.
David Steinwedell
This is an exceptional acquisition for Wells REIT II due to its primary market location and strong tenant roster. We continue to be interested in the major markets in Texas and expect to see more acquisitions activity in the state in 2006.
acquisition strong market texas state
price
This acquisition and development deal allows Wells to secure two Class-A buildings leased predominantly to creditworthy tenants with extended lease terms.
acquisition development
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