In addition, Terreno Realty Corporation had three buildings under redevelopment that upon completion will contain approximately 377,000 square feet with a total expected investment of 98ドル.5 million, including redevelopment costs of approximately 22ドル.3 million.
The company intends to use any net proceeds from this offering for general corporate purposes, including, without limitation, the funding of future acquisitions, the funding of redevelopment costs, working capital and the reduction, from time to time, of outstanding indebtedness, including borrowings under the company's revolving credit facility.
Ayre, who will leave Anfield at the end of this season, said: " A stand behind a goal doesn't have the benefit of hospitality that would go a long way to meet the redevelopment costs.
Starwood provided a roughly 90ドル million acquisition loan and secured another 71ドル million for redevelopment costs. The transaction, which closed for north of 300ドル psf, is one of the bigger investment sales deals in Brooklyn.