Investor LoginPlaza 100
Plaza 100
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| Acquisition Date: | August 2010 |
| Location: | Fort Lauderdale, FL |
| Size: | 167,757 square feet of office space |
| Investment Opportunity: | Purchase at a significant discount to replacement cost and renovate and increase occupancy. |
| Results: | Renovation of common areas; lowered expenses by more than $1.5 per square foot. Increased occupancy from 69% to 84%; cash on cash return is projected to reach 12% in less than 12 months from acquisition. |