EXTREMELY STRONG INVESTMENT GRADE CREDIT TENANT
- 100% leased to T-Mobile USA, Inc.(“Tenant”)
- T-Mobile carries investment grade credit ratings of BBB+ from Fitch, BBB from S&P, and Baa2 from Moody’s
- $81.4 billion in revenue and $11.3 billion net income in fiscal year 2024
- T-Mobile is the largest telecommunications provider in the world based on market cap
MISSION CRITICAL FACILITY WITH RECENT LEASE RENEWAL
- T-Mobile has occupied the building since its development in 2004
- The Tenant signed a lease renewal in February 2025, extending the lease through June 2031
- The lease has a favorable net lease rent structure with landlord only responsible for roof, structure, and landlord’s share of qualified capital expense items
- The lease has positive annual rent escalations of 2.0%
KEY COMMUNICATION CENTER FOR T-MOBILE
- T-Mobile values direct customer interaction as a critical business differentiator - with this facility playing an important part in their overall customer satisfaction strategy.
- This Asset houses one of T-Mobile’s top performing contact center locations