Description: Signature place is a Class A office building in the most affluent area of Greensboro , NC. The property was recently renovated with all new façade, mechanical systems and interior finishes. The property provides great parking with a strong tenant mix of 21 tenants, with five major tenants occupying over 50% of the building.
Tenant Info:
Novartis Animal Health: 67.371 sf
Greensboro Orthopedic: 30,518 sf
Allied Interstate, Inc.: 25,601 sf
Tanger Factory Outlet Centers: 23,599 sf
K & W Cafeterias, Inc.: 60,694 sf
Property name:
One Hanover
Location:
Dallas , TX
Property status:
Closed
Property type:
office
Total Raise:
$19,909,952
CF Year 1:
7.00%
Proj. IRR:
10.02% to 17.02%
Occupancy:
88.18%
Close Date:
September, 2004
Min. Investment:
$995,498
Loan to Value:
53.4%
Total sq. Ft.:
195,194
Description: This class A office building was completed in 1998. It is an 8 story office building with a 2 story lobby that includes limestone and marble accents and elegant furnishings to provide a refined elegance. The total site is located on 5.5 acres, and the building enjoys an ideal location with tremendous freeway visibility within the Far North Dallas submarket.
