Quick Facts:
- Purchased 2018
- 2 Separate buildings
- Last Mile Columbus location
- 100% leased
- Tenant: BDL Supply
More Information
Our strategy for this property is Core-plus sale-leaseback, meaning we structured the initial leases, created cashflow and created roll-over leases in a market with spiking rents. Our capital improvements have included replacing the roof and repairing the parking lot. We expanded one of the tenants leases to include both buildings, and re-negotiated the leases to be co-terminus.