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.