Tanenbaum Equity Partners (TEP), a subsidiary of Oklahoma City-based Gardner Tanenbaum, has acquired the CoreCivic National GSA Portfolio. The portfolio consists of 42 federally leased properties, primarily build-to-suits, located in 11 states and totaling more than 573,000 square feet. The total acquisition price was $106,500,000 before closing costs and construction capital reserves.
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