Purchase Price:
Purchase Date:
Sale Price:
Sale Date:
Achieved IRR:
Achieved MOIC:
Internal Rate of Return (IRR)
Multiple of Invested Capital (MOIC)
Renovations Completed
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State-of-the-art Sprinklers
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T-5 Warehouse Lighting
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New Dock Door Packages
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Asphalt Repair
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Exterior Paint
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Refurbished Office Area
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Refurbished Bathrooms
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New Roof
34 Commerce Drive Gaffney, SC
546,000 Square Feet
$14,000,000
3.27.2017
$30,000,000
3.19.2019
30.52%
1.71x
Gaffney
Purchase Price:
Purchase Date:
Sale Price:
Sale Date:
Achieved IRR:
Achieved MOIC:
Internal Rate of Return (IRR)
Multiple of Invested Capital (MOIC)
Asset Strategy
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Lobby Renovation / Expansion
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Complete Deferred Maintenance
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Offer Competitive TI Packages to Increase Occupancy and Rental Rates