Description

Value enhanced by releasing large blocks of space and making basic building improvements Two major tenant leases were restructured with 6 months after acquisition

Details

Cost PSF
$18.33
Acquisition Price
$1,550,000
Sale Price / SF
$25.56
Acquisition Date
March, 1996
Sale Price
$2,300,000
Total Cost
$1,650,000
Total Project Size
90,000
Add. Capital Costs
$100,000
Avg Annual Return
33%