The FedEx preferred developer secured 95 % loan - to - cost financing under a program designed to provide net lease developers with the additional capital they need to increase the size of their pipeline and meet
tenant construction schedules.
Not exact matches
The obligation to pay rent was not subject to
schedule «A», and furthermore the
tenant, through at least two different representatives, was on - site during the entire
construction period.
Notably, all the newly completed
construction was pre-leased, with
tenants scheduled to take occupancy during the first half of this year.