Lexington Corporate Properties Trust acquired a 77,484-square-foot office facility in Redmond, Ore.
The value of the transaction was $16.4 million.
The property is a newly constructed office/customer care center situated on a 13.1-acre site. The property is net leased to a subsidiary of T-Mobile USA through Jan. 31, 2019.
The identity of the seller was not disclosed.
Lexington Corporate Properties Trust is a real estate investment trust that owns and manages office, industrial and retail properties.
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