How We Purchase a Property and Stabilize It Quickly
- One of Weston’s largest acquisition to date.
- At the time of purchase it was 81% occupied, and within a year Weston raised the occupancy to 90%.
- There are 127 tenant spaces which comprise roughly 53% share of the entire Charlotte submarket.
- The property is a multi-tenant complex with office, warehouse, and retail space.
- It was a $46 million purchase that was financed through an institutional lender.