Post by
theinvestor22 on Jan 11, 2021 10:42am
Today's acquisition compared to last year's acquisition
Last year's acq:
Total Price: $90M (reduced by 15.5% from original price)
Price/sq. ft: $144
Occupancy Level: 92% (when it was originally announced)
Accretive to FFO by: 10 cents
Today's acq:
Total Price: $54.3M
Price/sq. ft.: $137
Occupancy Level: 95%
Accretive to FFO by: unknown, but positive
From the metrics we have, this looks like an excellent acquisition.