“The building was 84% leased at the time of sale, and with approximately 40% of the rentable square footage set to roll over in the next four years, new ownership has a compelling opportunity to drive significant net-operating income growth over the next decade,” said Douglas Mandel, IPA executive managing director investments.
Randy is officed in 1200 Corporate Place, a property acquired by Keystone for $15 million in June, 2011. CLICK ON THE HEADLINE FOR MORE ON THIS STORY