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"In an industry that is hard pressed to identify “The Ritz Carlton” of property management firms, firms still struggle to identify unique characteristics of their firms," says Franklin Street's Dave Curry. Technology may have some answers.
“Forsyth County is one of the fastest growing communities in the country, and the industrial market in this region continues to strengthen,” says Lincoln's Jeff Henson.
"This is an excellent example of Capital Square 1031's strategy – helping investors acquire an interest in a higher quality replacement property than they could afford to purchase on their own," says Louis Rogers of Capital Square 1031.
“The offering at AFC with the newly available space provides an opportunity to enhance the overall property ecosystem while ensuring seamless operations efficiently and fiscally,” says Transwestern's Greg Frankum.
The REIT has partnered with several institutional investors for the deal, including BTG Pactual Timberland Investment Group, Highland Capital Management, Medley Management and a major Canadian institutional investor.
“Proven rent premiums for redeveloped units in this market make the community an excellent opportunity for a value-add addition to our portfolio,” says Wilkinson Corporation's George Waymire.