Corporate Center

761 Corporate Center Drive | Pomona, CA

62,036 Square Foot Office Building


Details

Date Purchased: June, 1999
Purchase Price: $5,750,000
Sale Price: $12,674,321
Sale Date: September, 2006
Holding Period: 86 months
Internal Rate of Return: 23%

Completed Business Plan

  • Acquired 100% leased, quality office building in strong rental market
  • Negotiated extension of lease with primary tenant
  • Maintained property at 99% average occupancy during last 4 years of ownership
  • Maintained stable, quality tenants with long-term leases and provided consistent cash flow to investors
  • Sold property at significant profit

Persius Creative