The building and its adjacent parking garage at 550 Baily Ave. was Goff's first acquisition following his departure from Crescent, and he acknowledges that rolling up his sleeves and getting into the redevelopment has been a lot of fun.
"This is a bite-sized transaction for me," Goff says. "I've had fun getting my hands dirty again with a single asset. This has been therapeutic."
Goff acknowledges there has been positive interest and several opportunities for leases, which he declined. "I wanted to get through the renovations so people could get a better sense of the scope and quality we're taking this to," he explains. "The parties didn't necessarily need to get in before the renovation was complete." Jones Lang LaSalle Inc. has the leasing assignment.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
