The company's equity investment was $76M, and it took out a loan for $77M - 10-year interest only at 3.85%.
The campus is 100% leased to Microsoft and Costco, with a weighted-average lease term of 5.3 years. LTM NOI was about $13M.
KW now has an ownership interest in 1.4M square feet of office space and 10,430 apartment units in Washington.
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