Quote from posted link:
Quote:
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The deal broke two California records, including California's lowest cap rate ever for a stabilized multi-tenants retail center. It also earned the state's highest price-per-square-foot record for a property in its price sector at $830 per-square-foot.
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Haha, lowest cap rate ever. Wonder if those fools are patting their backs? I bet the cap rate is like 1. Hell, I'll be bold. I predict the cap rate was -4%.