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Southern California Industrial Portfolio
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| Description:
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12-Building, Southern California industrial
property portfolio. |
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Size: |
251,219 square feet |
| Purchase
Price: |
$28,760,000 |
| Deal
Attraction: |
The strong entrepreneurial business culture
in Southern California creates strong and reliable demand
for this type of product, thus making for a long-term
investment resistant to negative affects of cyclical economic
downturns. |
| Business
Plan: |
Correct deferred maintenance and strengthen
rent roll for long term investment by achieving longer
lease terms and increasing rental rates to current market
levels. |
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