One Park Ten

Acquisition Date: April 2010
Location: Houston, TX
Size: 162,899 square feet of office space
Investment Opportunity: Purchased below replacement value. Increase Base rent (10% below market rate), maintain occupancy.
Results: Since acquisition, we have Increased occupancy by 5%, increased average term by 10%, increased NOI by 16% and almost achieved our goal NOI within 15 months of operations (25% of the 60 months investment period).
Web Design by Alex Kushner Designs