Phoenix Metro Portfolio


Description:		Six-building portfolio, Arizona Business Park, Phoenix, Arizona
Size:		378,621 square feet
Purchase Price:		$62,200,000
Deal Attraction:		Stable tenant base, attractive price per square foot, strong rent escalations in existing leases with low vacancy and improving fundamentals in sub-markets. Favorable financing on a long-term fixed rate basis yields cash-on-cash return for the first three (3) years of over 9%.
Business Plan:		Medium term hold for cash flow with potential capital appreciation from redevelopment/expansion potential and renewing lease expirations at higher current rents, and from selling individual properties to private, local investors.

31910 Del Obispo, Suite 100 · San Juan Capistrano, CA 92675
phone 949.545.0500 · fax 949.545.0578