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- Core: Occupancy is greater than or equal to 90% at time of sale
- Value-Add: Occupancy is greater than or equal to 60% and less than 90% at time of sale
- Opportunistic: Occupancy is less than 60% at time of sale
- Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building
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