Stabilized Development Asset definition
Stabilized Development Asset means, as of any date, a new construction or development Real Estate Asset at such date that, following the first four (4) consecutive fiscal quarters occurring after substantial completion of construction or development, either (i) an additional six (6) consecutive fiscal quarters have occurred or (ii) such Real Estate Asset is at least 90% leased, whichever shall first occur.
Stabilized Development Asset means each new construction or development real property asset owned by the Issuer or any of its Subsidiaries if either eight consecutive fiscal quarters has occurred following substantial completion of construction or development of such asset or such asset is at least 90% leased, whichever shall occur first.
Stabilized Development Asset means, as of any date, a new construction or development Real Estate Asset at such date that, following the first four (4) consecutive fiscal quarters occurring after substantial completion of