Posts Tagged ‘Industrial Flex’
Hi-Park Campus
Hi-Park Campus FLEX / INDUSTRIAL: OMAHA,NE Property Highlights NOTES 100% leased 8 building flex/industrial property Centrally located near the I-80/I-680 interchanges Property has a strong occupancy history 50% of property is air conditioned Property Overview Flex / Industrial 4151 South 94th Street, Omaha, NE 1987-1993 149,696 SF The End Result July 1, 2021 $11,413,000 $76.09…
Read MoreEmpire Spectrum I & II
Empire Spectrum I & II Industrial/Flex: Omaha,NE Property Highlights NOTES Property suffered from a lack of capital Yield Maintenance fee required assumption of life company loan Current debt balance required a debt|equity ratio of 61% Purchaser’s 1031 exchange required a short due diligence and loan assumption period Purchase and Sale Agreement required lease execution with…
Read MoreHouse & Home Center
House & Home Center INDUSTRIAL FLEX PROPERTY: OMAHA,NE Property Highlights NOTES Well leased project with a unique concept and historically high occupancy rate Property was 100% occupied at closing Excellent set of long term tenants Property is served by a stop light with full movement access to Highway 275 Property Overview Flex / Showroom 3801…
Read MoreAirport Commerce Center
Airport Commerce Center INDUSTRIAL FLEX PROPERTY: OMAHA,NE Property Highlights NOTES Property suffered from owner neglect Poor leasing demand in sub-market Property was 54% occupied at closing Property Overview Industrial Flex / R&D 1234 E Hartman Ave, Omaha, NE 1987 / 1989 / 2000 65,101 SF The End Result April 27, 2006 $3,550,000 $54.53 MAJOR POINTS Property…
Read MoreEmpire Spectrum
Empire Spectrum Industrial Flex Property: Omaha, NE Property Highlights NOTES Adverse market conditions and significant gap between Buyer and Seller pricing expectations Buyer required six tenant renewals as a condition of the sale Significant tenant decided to vacate property a few days prior to closing Sale required assumption of two life company loans One of…
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