Technically on-market, we won this deal through leveraging an existing brokerage relationship who helped set us apart by guaranteeing certainty to close and a smooth process from start to finish – a reputation we are known for in the industry.
Our investment thesis for this transaction is simple yet hugely impactful: bringing current tenants up to market rates while maintaining high levels of occupancy. Through our in-house management platform, we are already well on our way to achieving this goal and believe this will be one of our highest performing assets in the fund.
