Address: 1201 & 1235 Radio Road
Year Built: 2001
Building SF: 89,147 SF
Acquisition Date: March 2018
Projected Hold Period: 3 years
Off-market acquisition of a 2-building life science/office project at approximately 60% of replacement cost.
- Major capital improvement projects completed including plumbing upgrades, new roofs and common area remodeling.
- Sold to an institutional operator who will continue the life science conversion process.