Altus acquired Sappington Square soon after construction finished through an off-market REO transaction. Volatile ownership had left a negative perception in the leasing and tenancy communities, with limited existing tenant appeal. Successful leasing led to an NOI increase of 400%, and the asset was sold in a third of the projected real estate investment horizon.

Investment Status:
Previous Asset
Property Type:
Building Size:
36,950 SF
Available Spaces

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