111,928 Square Foot Class B Multi-Tenant Light Industrial Buildings in Cleveland, OH
Issues Prior To Acquisition:

• Minor physical issues (roof/parking lot) with the property.
• Rental rates hadn’t been increased in 8 years and were on the low end of the competitive range.
• Functional obsolescence in multiple units
• Ownership wanted to focus on developing senior living facilities.

22,636 Square Foot Class A Office Building in South Bend, Indiana
Issues Prior To Acquisition:

• Only minor physical issues (roof/HVAC) with the property.
• Ownership wanted to exit real estate to focus on business.