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Eastern, Trump arrange $36m Mayo Clinic buy.


Santa Ana Santa Ana, city, El Salvador
Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region.
, California-based Triple Net Properties, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 has acquired, on behalf of tenant-in-common investors, 3050 Superior Drive N.W. in Rochester, Minnesota, a 205,000 s/f medical laboratory and administrative building, which is fully leased to Mayo Clinic as a sole tenant for ten years. The sales price was $36.875 million.

Two New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 City-based brokerage firms arranged the transaction--Eastern Consolidated and Trump Mortgage LLC. Eastern Consolidated's Benjamin Tapper, director, procured Triple Net Properties, LLC (the buyer), while Trump Mortgage LLC's Jeffrey T. Evans, senior manager commercial real estate, represented, W. P. Carey & Co. LLC (the seller), also headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
,

"Mayo Clinic's tenancy makes this asset a great addition to Triple Net's portfolio," said Tapper. "Moreover, to make it suitable for medical purposes, the building now reflects $15 million in recent renovations, which included newly installed windows, HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free  systems, clean rooms, and custom designed testing laboratories."
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Article Details
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Title Annotation:Triple Net Properties
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:May 31, 2006
Words:151
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