Multi-Tenant Industrial Warehouse Acquisition
Acquisition: $13.1M in October 2017
Disposition: $16.7M in March 2019
18-month Hold Period

76.9% Annual Investor Return

BUSINESS PLAN

Converted largest free-standing building from flex-office to low-finish industrial, repositioned the balance of business park with new exterior painting and LED exterior lighting, upgrades to mechanical systems, roofs, landscaping and monument/directory signage; separate parcel to allow for owner/user sale of largest building.