| Overview |
- Corporex acquired a special-purpose, single-tenant corporate facility and repositioned the asset to a multi-tenant office building.
- Through intensive management, exemplary marketing and rigorous underwriting, Corporex attracted high quality tenants and leased the vacant building to 80% occupancy within thirty months of ownership.
- Over the past two years, occupancy in this building increased by 8 points while the market occupancy decreased by 2 points.
- Within 54 months, the owner generated cash flow to return 85% of the equity investment.
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