Investor Login3530 Park Forest
3530 Park Forest
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| Acquisition Date: | June 2008 |
| Location: | Dallas, TX |
| Size: | 89,748 square feet of office space |
| Investment Opportunity: | Purchased below replacement value. Increase Base rent (15% below market rate), updates mechanical systems of the building and renovation common areas of the building. |
| Results: | Renovations done; renewed 40 tenants within the first 6 months. Market is softer than expected and affected occupancy. |