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Property details

Plaza at the Pointe

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside M&J Wilkow in Plaza at the Pointe, an established regional shopping center consisting of 149,943 square feet and 581 parking spaces (3.9/1,000 square feet).

Built in 1998, the property is situated on 14.19 acres and benefits from its proximity to major national retailers and I-376, which has average daily traffic counts above 55,000 vehicles. The property is accessible via Summit Park Drive, which accommodates more than 24,000 vehicles daily. Downtown Pittsburgh is approximately seven miles east, and the Pittsburgh International Airport is eight miles northwest.

Property details

Fairfield Inn – Milwaukee

Investment type

Value Add

Asset Class

Hotel

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside Arbor Lodging Partners in a 12-story, Marriott Fairfield Inn in Milwaukee, Wisconsin.

Property details

Henry Ford OptimEyes

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2016

Investment Summary

The property consists of a one-story, 20,514 square foot medical/retail facility that is leased to Henry Ford OptimEyes in Southfield, Michigan.

Constructed in 2015, the property was a build-to-suit for Henry Ford OptimEyes and is situated on a 2.77-acre parcel at the intersection of Southfield Road and Edwards Avenue, one block north of 12 Mile Road. Southfield Road is one of the primary commercial corridors servicing the area.

Henry Ford Health System is a comprehensive, integrated, non-profit healthcare organization that consists of five hospitals, 30 general medical centers, seven specialized medical facilities, and 20 OptimEyes locations across Michigan.

Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.

Property details

275 Technology

Investment type

Value Add

Asset Class

Office

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside M&J Wilkow in 275 Technology, a vacant, Class A, 107,872 square foot office building located in suburban Pittsburgh.

The property is situated in Southpointe office market, an approximately 600-acre office park that is home to an array of energy, healthcare, and technology corporations, including Chesapeake, Siemens, UBS, and CVS owned affiliates.

Property details

Western Michigan Multifamily Portfolio

Investment type

Value Add

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside Highgate Capital Group in a 278-unit portfolio of garden style apartment buildings located in Portage and Kalamazoo, Michigan.