Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

AT&T has left Artis' building. Not Renewed. 257,000 Sq Feet

[InvestSmarter]

257,000 Sq Feet Vacancy. Almost 5% of Artis' entire office revenue.

 

https://www.kare11.com/article/news/local/workers-moving-out-of-downtown-minneapolis-att-tower-bloomington/89-b8d639df-602f-4a54-88c0-20d52f718d89

 

https://www.axios.com/local/twin-cities/2023/04/04/att-closing-downtown-minneapolis-office-bloomington

[1northumberland]

They may of moved but they are still paying rent.

[InvestSmarter]

Lease expired Feb 28th. They are no longer paying rent.

[SNAKEYBOY]

OUCH SP IS GOING TO TANK ON MONDAY TO $5! I CANT BELIEVE THIS! IM LOSING MY SHIRT IN THIS REIT! MANJI PLEASE RETIRE!

[EstevanOutsider]

I cant even find this property on Artis website. U sure it is an Artis property bro. Gotta link???

[Reece1986b]

I think this is what you are looking for: https://www.artisreit.com/office/161-inverness/  It has been known for some time that this was going to happen however now it has. Below are direct quotes from a Q3 2022 Artis conference call. Matt Kornack   "Fair enough. And then the last one on the operations side. I know last quarter, you had indicated that AT&T would not

[Frankie10]

Great catch Reece.

[InvestSmarter]

AT&T Building    https://arwebstore.blob.core.windows.net/artisreit-com/2023/02/Property-List-for-Website_Dec_2022.pdf