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Kite Realty Sells Ground Leases To Help Finance Recent Acquisition

Agree Realty Adds to Holdings As Investors Seek Stable Income Streams
Kite Realty Group Trust sold $42 million in ground-lease assets to help pay for its acquisition of Eastgate Crossing in Chapel Hill, North Carolina. (CoStar)
Kite Realty Group Trust sold $42 million in ground-lease assets to help pay for its acquisition of Eastgate Crossing in Chapel Hill, North Carolina. (CoStar)
CoStar News
February 25, 2021 | 9:56 P.M.

Kite Realty Group Trust has sold a portfolio of 15 ground leases and anticipates closing on two additional similar sales.

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News | Kite Realty Sells Ground Leases To Help Finance Recent Acquisition