Spear Street Lands Deed For 1M SF-Plus Package : AUSTIN, TX-The buyer ends up with 13 class A office buildings in Riata Corporate Park. Sources say the 1.1 million sf have sold for $215 million to $230 million.
Why can’t the age of your portfolio
be used as a financial asset instead of a liability? Why
can’t increasing operating expense pressure be an
opportunity rather than a threat to dividend growth? Why
can’t substantial portfolio growth be accomplished
without a corresponding increase in operating staff?
The
traditional answer is “because it can’t.”
At Transcend Equity, we’ve attacked these traditional limitations
of approaching real estate to offer innovative solutions
to convert these challenges into opportunities.
Answer: By
reducing the amount of your capital directed to recurring
capital expenditures, MESA increases Funds Available for
Distribution (FAD) to shareholders. More
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