San Francisco: North Waterfront | Off Market Acquisition

<p><strong>Summary</strong><br>We were presented with the opportunity to acquire an off-market 9000 square foot office building in desirable Jackson Square District. Following acquisition, we applied three value add strategies.</p> <p><strong>Realized Returns:</strong><br>Gross Sale Proceeds: $9.5MM<br>Gross Leveraged IRR: 37.1%<br>Gross Unleveraged IRR: 23.8%</p>

Summary
We were presented with the opportunity to acquire an off-market 9,000 square foot office building in desirable Jackson Square District. Following acquisition, we applied three value add strategies.

Realized Returns
Gross Sale Proceeds: $9.5MM
Gross Leveraged IRR: 37.1%
Gross Unleveraged IRR: 23.8%