Various, Greensboro, NC 27407
Eastdil Secured, SVN and and RealINSIGHT Marketplace are pleased to offer for sale theÂ Greensboro Office Portfolio,Â an efficiently concentrated, 11-asset office campus located within the Piedmont Triad (the "Portfolio").
The Portfolio consists of 446,611 SFÂ of office space across 32Â acres of land with an average in-place occupancy of 46.3%. The Greensboro Office Portfolio is situated within the burgeoning West Greensboro submarket offering direct access to I-40, West Gate City Blvd, andÂ South Holden Rd, and is just minutes away from the areaâÂÂÂÂÂÂÂÂÂÂs top retail and restaurant options.
With in-place rents at 16.7% below market rental rates, this value-add opportunity has the ability to generate immediate returns via lease-up of the remaining available space and the completion of various capital expenditure initiativesâÂÂÂÂÂÂÂÂÂÂseveral of which the Seller has already begun. Significantly, the Portfolio presents an opportunity to acquire controlling majority interest in the West Greensboro office market and capitalize on operational efficiencies attributed to the scale.
Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.
Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.
You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
Fisher Auction Company Inc.