WATERFORD PLAZA AND ISLAND CENTER
Tampa, FL
Tampa, FL
Waterford Plaza
island Center
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Waterford Plaza, a 245,021 square foot, 12 story building and Island Center, a 249,297 square foot, 12 story building, is a Class A portfolio located on Rocky Point, the prime micro-market of the Westshore submarket. Rocky Point is situated between Tampa and St. Petersburg and just minutes form the Tampa International Airport
Investment Strategy: Value add through common area renovations and renewal of major lease Acquisition Date: September 2012 Disposition Date: October 2017 |
PRIMERA TOWERS
Orlando, FL
Primers Towers is located in the Lake Mary submarket of Orlando which is located along the I-4 corridor.
Lake Mary is home to nearly 50 Fortune 500 firms. Numerous restaurants and retail stores are within one mile of the project
Efficient floor plate sizes of between 25,000 to 35,000 square feet are ideally suited to today’s corporate tenants
Lake Mary is home to nearly 50 Fortune 500 firms. Numerous restaurants and retail stores are within one mile of the project
Efficient floor plate sizes of between 25,000 to 35,000 square feet are ideally suited to today’s corporate tenants
Investment Strategy: Build upon the initial cash on cash return of almost 7% by taking advantage of the low submarket vacancy rate and in-place rents 10% below market
Acquisition Date: July 2016
Disposition Date: Remains in the value-add phase of the business plan
Acquisition Date: July 2016
Disposition Date: Remains in the value-add phase of the business plan