Market Square Closes at an Estimated Sub 5% Cap – GlobeSt.com

Market Square Closes at an Estimated Sub 5% Cap
GlobeSt.com
Jones Lang LaSalle's Scott Homa puts the property's cap rate in the sub 5% category. He reached that figure using the NOI from the offering memorandum and the reported 679710-square-foot “as leased rentable building area” to yield a 4.9% cap rate.

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