Track Record
Cypress Financial CenterLocation: Ft. Lauderdale, FL Type: Office Sale Date: 2005 Sale Price: $48 Million Annual IRR: 13% (61% leveraged) Hold Period: Seven years Client: Commingled Fund |
Maitland CollonadesLocation: Maitland, FL Type: Office Sale Date: 2007 Sale Price: $51.2 Million Annual IRR: 20.1% (60% leveraged) Hold Period: Seven years Client: Commingled Fund |
Marshall and Iseley BuildingLocation: Naples, FL Type: Office Sale Date: 2005 Sale Price: $16 Million Annual IRR: 23% (58% leveraged) Hold Period: Seven years Client: Commingled Fund |
Gateway CentreLocation: Orlando (CBD), FL Type: Office Sale Date: 2008 Sale Price: $55 Million Annual IRR: 19% (55% leveraged) Hold Period: Eight years Client: Commingled Fund |
Bank of America BuildingLocation: Naples, FL Type: Office Sale Date: 2005 Sale Price: $20 Million Annual IRR: 23% (53% leveraged) Hold Period: Seven years Client: Commingled Fund |
Urban CenterLocation: Tampa, FL Type: Office Sale Date: 2005 Sale Price: $105 Million Annual IRR: 16% (53% leveraged) Hold Period: Eight years Client: Commingled Fund |
Courvoisier CenterLocation: Miami (CBD), FL Type: Office/Retail Sale Date: 2007 Sale Price: $150 Million Annual IRR: 23% (50% leveraged) Hold Period: Eight years Client: Commingled Fund |
Amadeus CenterLocation: Miami, FL Type: Office Sale Date: 2006 Sale Price: $24 Million Annual IRR: 16% (50% leveraged) Hold Period: Nine years Client: Commingled Fund |
Bayview Executive PlazaLocation: Miami, FL Type: Office Sale Date: 2004 Sale Price: $12 Million Annual IRR: 20% (49% leveraged) Hold Period: Seven years Client: Commingled Fund |
Eola Park CentreLocation: Orlando (CBD), FL Type: Office/Retail Sale Date: 2007 Sale Price: $42 Million Annual IRR: 15.2% (49% leveraged) Hold Period: Eight years Client: Commingled Fund |
Westland ILocation: Jacksonville, FL Type: Office/Flex/Industrial Sale Date: 2005 Sale Price: $4.5 Million Annual IRR: 14% (49% leveraged) Hold Period: Seven years Client: Commingled Fund |
Doral Corporate PlazaLocation: Miami, FL Type: Office Sale Date: 2006 Sale Price: $55 Million Annual IRR: 10% (49% Leveraged) Hold Period: Nine years Client: Commingled Fund |
Metro Park CenterLocation: Ft. Myers, FL Type: Office/Flex Sale Date: 2004 Sale Price: $9 Million Annual IRR: 14.5% (48% leveraged) Hold Period: Seven years Client: Commingled Fund |
Quadrant I and IILocation: Jacksonville, FL Type: Office/Retail Sale Date: 2006 Sale Price: $23 Million Annual IRR: 9% (43% Leveraged) Hold Period: Nine years Client: Commingled Fund |
Buschwood IIILocation: Tampa, FL Type: Office Sale Date: 1997 Sale Price: $8.0 Million Annual IRR: 26% (unleveraged) Hold Period: Three years Client: Pension Fund |
Heathrow ILocation: Orlando, FL Type: Office Sale Date: 1998 Sale Price: $8 Million Annual IRR: 18.4% (unleveraged) Hold Period: Two years Client: Pension Fund |
APOC III, IV, VLocation: Boca Raton, FL Type: Flex/Industrial Sale Date: 2005 Sale Price: $23 Million Annual IRR: 17% (unleveraged) Hold Period: Seven years Client: Separate Account |
Aventura Corporate CenterLocation: Aventura, FL Type: Office Sale Date: 2002 Sale Price: $22.9 Million Annual IRR: 16.3% (leveraged) Hold Period: Five years Client: Commingled Fund |
Sun Forest I & IILocation: Tampa, FL Type: Office Sale Date: 2004 Sale Price: $20.5 Million Annual IRR: 14% (unleveraged) Hold Period: Six years Client: Pension Fund |
Island ClubLocation: Miami, FL Type: Office Sale Date: 2004 Sale Price: $57.6 Million Annual IRR: 8% (unleveraged) Hold Period: Four years Client: Pension Fund |

