
Mixed-Use Commercial Development
An infill commercial asset returned to its highest use.
- Challenge
- An aging single-tenant parcel on a high-traffic corridor underperforming its land value.
- Vision
- A mixed-use commercial footprint anchored by national tenants, designed for long-term cash flow and resilient occupancy.
- Value Created
- Reframed as a multi-tenant income property with structured leases, lifting NOI and asset basis well above acquisition.
- Project Value
- $28.4M
- Square Footage
- 62,000 sf
- Completion
- 2024
- Type
- Commercial
- Timeline
- 22 months
- Return
- Stabilized 7.8% cap





