Realized — Sold 2025
Type: Industrial
Size: 320,000 SF (2001)
Strategy: Mark-to-market leases
Outcome: IRR 19.4%, EM 2.0x
- Rolled below-market leases
- Implemented dock and HVAC improvements
- Optimized truck circulation
Occupancy: 98%
WALT: 4.9 years
Top Tenants: Regional logistics