Signed Lease and Closed Deal

Gateway SC
2006-20032 August Dr, Ontario, OH 44906
Seller/ Landlord
Deal Type:
Lease and Investment Sale
Austin Loconti

Deal Highlights

Passov Group was retained by the landlord of this property to bring it to 100% occupancy and then sell the property. We started with 3 vacancies totaling 8,000 SF and within 6 months we brought the property to 100% occupancy and put it on the market as a stabilized investment sale property. We executed on the sale of the asset at an 8.5% cap rate and closed within 2 months of bringing the deal to market for sale.