3060 West Sand Lake Boulevard. is a free-standing Logan’s Roadhouse casual dining restaurant in Orlando off the Florida Turnpike. In a prime location, the property is shadow anchored by Walmart and Lowe’s supercenters. We identified an opportunity to apply our investment strategy by acquiring the property from a restructuring vendor, right-sizing the lease for the tenant-operator and delivering superior investment returns for investors, creating a win-win-win result.
930 Upper Paradise Road was an unfinished, grocery-anchored, outdoor strip plaza. We identified an opportunity to acquire the property below replacement cost, clear numerous construction liens, complete construction, and commence a profitable leasing program.
2333 North Sheridan Way was an environmentally contentious, industrial-commercial property. The property was owned by Duracell and was put up for sale when Duracell withdrew from manufacturing in Canada. We presented a unique remediation plan to mitigate Duracell’s headline risk. The building was re-zoned and repositioned to attract auto-related tenants interested in utilizing a non-unionized work force to supply the nearby Ford Motors plant in adjacent Oakville, Ontario.
3485 Harvester Road is a commercial property, currently consisting of three buildings including a Tim Hortons, a condominiumized commercial auto mall, and a stand-alone retail showroom. Previously owned by an affiliate of Olympia & York, we identified numerous opportunities to create value through two distinct steps. Value was optimized by selling 72 of the 84 condominium units. All initial capital was returned. Further equity profits were paid out via a tax-efficient structure. We continue to manage the property on behalf of the condominium corporation.