Investor Login          03-9059608         עברית
  03-9059608           עברית 
Date of Acquisition
November 2017
Scope of Transaction
$30.2 million
Size of Property
211,500 SQF
Funding
65%
Equity
$10.6 million
THE ARBORS
Raleigh, NC

The Arbors, an office park in Raleigh, North Carolina. Half the property is leased to State of North Carolina until 2025.

The deal combines a high yield of 8-9% cash return in the coming years and has upside potential given that the current rental fees are relatively low.

The tenant mix is diversified and stable. There is a long-term lease for 45% of the property to the North Carolina Treasury Department. In addition, another 15 top-notch companies rent space in The Arbors. The average lease is six years.

 

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Transaction Details

10/2017
Acquisition

$30.2M
Scope

211,500
SQF

65%
Funding

$10.6M
Equity

$10.6M
B&G Invested

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