World Internet Lease (NYSE:GNL) disposed a portfolio of 9 chilly storage properties which might be at the moment leased to subsidiaries of Americold Realty Belief (COLD) for $170M, at a 7.88% money cap charge on 3.3 years of weighted common remaining lease-term. The disposition aligns with the corporate’s FY steerage, which projected a disposition money cap charge vary of seven% to eight%. The proceeds shall be used to cut back debt and decrease leverage. The sale of this portfolio, which GNL (GNL) acquired for $153.4M, is a part of the beforehand introduced $567M of closed and pipeline inclinations at a money cap charge of seven.2%.