Gramercy closes CTL.Gramercy Capital Corp. closed on its second credit tenant lease A credit tenant lease is a method of financing real estate. The landlord borrows money to finance the property and pledges as security the rents to be received from the tenant. ("CTL See control key.
1. CTL - Checkout Test language.
2. CTL - Compiler Target Language.
3. CTL - Computational Tree Logic ") investment with the acquisition of a 100% fee interest in 200 Franklin Square Franklin Square, uninc. city (1990 pop. 28,205), Nassau co., SE N.Y., on Long Island. Although it is chiefly residential, there is significant manufacturing, including fire extinguishers, dye castings, electrical machinery, and lighting fixtures. Drive, Somerset County Somerset County is the name of four counties in the United States and one in England.
The 200,000 s/f Class-A building is 100% net leased through 2021 by Philips Holding USA Inc,.
Eastdil Realty acted as advisor to the seller.