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PROJECT SIZE: 175,000 square feet
ACQUIRED: December 2006
DEVELOPMENT PLAN: Class A office park overlooking the Broken Sound Country Club golf course. The purchase was a sale-leaseback transaction from Washington Mutual in a competitive bid process where Songy Partners was chosen for our investment reputation and ability to close the transaction.
Investment strategy calls for the aggressive leasing of this irreplacable asset in a market with high barriers to entry and constrained supply of developable land. |
EQUITY PARTNER: Internal equity
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