It is a 1,356 sq ft net industrial space on the 2nd-floor industrial building. The RET for this property is 20SML0253. We believe (that is backed by a real estate property) that RETs will accrue value over time, because of the burn mechanism (some RETs will be burned based on the amount of the rent the property gets, so eventually there will be fewer RETs for a property, and hence each RET will probably be worth more) and also based on the future demand of the property.
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After The Successful IRO: What's next?
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It is a 1,356 sq ft net industrial space on the 2nd-floor industrial building. The RET for this property is 20SML0253. We believe (that is backed by a real estate property) that RETs will accrue value over time, because of the burn mechanism (some RETs will be burned based on the amount of the rent the property gets, so eventually there will be fewer RETs for a property, and hence each RET will probably be worth more) and also based on the future demand of the property.