(Office Building) 100% leased
This pair of garden style office buildings, totaling nearly 35,000 square feet, is part of a Business Park of approximately 340,000 square feet. The buildings are triple net leased to ABM Industries on a long-term lease. The property was acquired as part of a 1031 deferred tax transaction for a partnership managed by Richard Shapiro. Winco has negotiated a new 10 year lease term and the property was subsequently sold at a profit.