Wood Hollow 1 Wood Hollow 2 Wood Hollow 3
Situation/Challenges
  • Class A office building
  • 45.4% occupied at closing
  • Property will be 100% vacant 10 months after closing
  • Significant TI/LC facility needed to attract new tenants and lease property up to stabilization
Solutions/Highlights
  • Structured future facility to allow for generous TI package
  • Property is located within walking distance of new commuter rail line scheduled to open soon
  • Floor plates are flexible which will allow sponsor to target single-tenant users as well as smaller, multi-tenants
  • Non-recourse
  • 5-year term plus extensions