ACQUISITION | JUNE 2015
The Property is an eight-story, 360,000 square foot income-producing office building in a well-located submarket in Orlando.
The property has maintained a history of strong occupancy and is currently 100% leased with Wyndham Hotels & Resorts and Visit Orlando occupying most of the building.
The property was built in 1984 and received a top-to-bottom renovation in 2008. Acquired with Shariah-compliant financing from Wells Fargo, securing a fully leased asset with minimal building capital expenses required and at a price below replacement cost.
The property provides a steady cash flow yield to investors.
Northridge Capital is dedicated to providing a high level of personalized service for its investors. Northridge works mainly with overseas institutional and individual investors, especially those from the Middle East, to successfully define and implement customized strategies for investing in US commercial real estate.