Opportunity:
"Core," institutional assets acquired at less than replacement costs, and well below institutional sales comparables in the market. The $2.77/SF average of net rents also is below market, providing upside potential in income growth as leases rollover, and upon sale.

State-of-the-art facilities with dock-high and drive-in doors and modern cross-dock design for operational efficiency. The 36' clear height ceilings provide tenants additional vertical racking space to accommodate high inventory and high-volume logistics needs.

View a detailed map of this property (MapQuest). Properties:  Two Bulk Distribution Facilities Size: 1,133,566 SF on 51.52 Acres Built: 2005 & 2006 Purchased: June, 2008 Ownership: Westminster Plainfield LLC, owned 100% by Fund VII At Acquisition: Cost: $45,300,000 Occupancy: 100% Cost per SF: $40 ← 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 ©2010 The Westminster Funds ®. All rights reserved.