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PROJECT SIZE: Total Size: 475,000 square feet Phase I, II 140,000 square feet
ACQUIRED: November 2006
DEVELOPMENT PLAN: Project is located within the fastest growing submarket of Southwest Florida, with Class A office market vacancy currently at 5%.
Multiple phase development will eventually comprise a 40-acre, seven-building, Class A office campus situated within a 706-acre mixed used Development of Regional Impact (DRI). Project has experienced substantial pre-leasing activity and interest for build-to-suit sites as well.
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EQUITY PARTNER: Internal equity
SPL ROLE: Owner/Property Manager |