COLUMBIA PLAZA
PROPERTY DETAILS
- Capstone acquired a discounted note secured by a 138,000 SF grocery anchored retail center anchored by Price Chopper and Peebles.
- Capstone recapitalized the center, implemented a $1.25M capital improvement program and increased occupancy to 90% from 70%.
| Asset Class | Retail |
| Property Size | 138,000 SF |
| Investment Status | Sold |
| Realized Investor IRR | 35.6% |
| Realized Average Cash Yield | 6.2% |
| Realized Investment Period | 4 Years |