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Real estate investment company $LXP said that it has closed the previously announced acquisition of an industrial facility in Detroit, Michigan, which was purchased for $29.7MM, with both initial cash and estimated GAAP yields of 7.4%. The company said this property is net leased to FCA US LLC for an initial 20-year lease term.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.