The Forum Office Building

Acquisition Date: August 2008
Location: Dallas, TX
Size: 101,231 square feet of office space
Investment Opportunity: Purchased below replacement value. Increase Base rent (10% below market rate), upgrade roof, mechanical systems of the building and renovate the lobbies.
Results: Renovations and upgrades done; renew all the largest current tenants; Has been well occupied since acquisition, currently at 90%. We expect to sale this property by the Q2 2012.
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