800 Lockwood LP

800 Lockwood LP

800 Lockwood LP acquired 800 Lockwood in April 2013. 800 Lockwood was a value-add opportunity with a short-term existing tenant in place. A 10% distribution was made to the partnership annually and been sold for 1.8 times the purchase price. The property was a 30,000-square-foot office building on 3.19 acres and the investors received a 29% return over 23 months.

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Posted on

December 15, 2015