Purchase Price:
Purchase Date:
Sale Price:
Sale Date:
Achieved IRR:
Achieved MOIC:
Internal Rate of Return (IRR)
Multiple of Invested Capital (MOIC)
Renovations Completed
-
State-of-the-art Sprinklers
-
T-5 Warehouse Lighting
-
New Dock Door Packages
-
Asphalt Repair
-
Exterior Paint
-
Refurbished Office Area
-
Refurbished Bathrooms
-
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
-
Lobby Renovation / Expansion
-
Complete Deferred Maintenance
-
Offer Competitive TI Packages to Increase Occupancy and Rental Rates
500 Front Street Columbus, OH
142,315 Square Feet
$15,875,000
9.14.2016
$24,050,000
11.1.2019
20.02%
1.56x
Brewery Tower
Purchase Price:
Purchase Date:
Sale Price:
Sale Date:
Achieved IRR:
Achieved MOIC:
Internal Rate of Return (IRR)
Multiple of Invested Capital (MOIC)
Asset Strategy
-
Lobby Renovation
-
Common Area Renovation
-
Add Needed Site Amenities
-
Offer Competitive TI Packages and Rental Rates to Attract Large Tenants