|
|
Campau Square Plaza - 99 Monroe Avenue NW -
Grand Rapids, MI
Opportunity:
Campau Square’s diverse tenant roster includes Comerica Bank, BDO Seidman, U.S. Government, and some prominent law firms. Stable cash flow is anticipated over a 7 to 10 year holding period due to limited near-term lease rollovers and no tenant occupying more than 21% of the building.
Located in the heart of downtown Grand Rapids, Campau Square is part of a weather-protected skywalk system connecting all major locations in the city.
In 2007, the Grand Rapids Art Museum was constructed next door. The principal highways serving downtown, I-96 and U.S. 131, are readily accessible.
View a detailed map of this property (MapQuest).
- Property: Office Building, Class A, 12-Story
- Size: 177,040 RSF on 1.03 Acres
- Built: 1985
- Purchased: December, 2004
- Ownership: Westminster Campau LLC, owned 60% Fund V and 40% Fund VI
- At Acquisition:
- Cost: $23,815,000
- Occupancy: 92.6%
- Cost per SF: $134
← Return to previous section
|
|
 Click the images below for an enlarged view:



  
|
By using this website, you acknowledge that you have read the terms and conditions, and will be bound by the terms hereof.
Copyright ©2010The Westminster Funds ®. All rights reserved.
|
|