Vantage Point, Sanford, FL
Investment Criteria
- Acquisition of either single assets or a portfolio.
- Acquisition of a fee simple or partnership interest, the debt related to investment properties, or a controlling interest in a joint venture.
- Industrial/flex business parks (with or without additional development potential) in a business park setting.
- 30% to 70% office finish for the flex buildings
- 4 per 1,000 sq. ft. parking for single story office and 2.5 per 1,000 sq. ft. for flex buildings
- Mix of 70% flex buildings and 30% single story office
- Minimum 16 foot clear heights
- Brick or tilt-up construction
- Bay depth of between 80 feet to 160 feet
- Unified appearance of buildings
- Immediate access to interstates
- Minimum of 150,000 rentable square feet.
- Less than 15 years old.
- Price range of $10 to $60 million per transaction.