KEY SELLING POINTS
- high-growth market based on population, jobs, quality of life
- located in supply-constrained Butler/Baymeadows submarket
- increased demand for space by business service industries
- high barriers to entry (i.e. rising land values and construction + financing costs)
- underserved market with SBLI space
- 62% occupied enables immediate space conversions
INVESTMENT STRATEGY
- complete exterior property upgrades
- convert immediately three vacant buildings to SBLI
- execute redevelopment and leases to create SBLI tenant mix of 75% warehouse, 25% office at market rate