2 & 4 BRIGHTON ROAD
PROPERTY DETAILS
- Capstone acquired a defaulted note secured by a vacant 155,000 SF three building corporate campus and acquired title at closing.
- Capstone sold the rear flex building, implemented a $4.0M capital and leasing program and rebranded the campus.
- increased occupancy to 100% from 0% in 20 months.
- Capstone sold the asset in 2016 for approximately 5x the acquisition price.
| Asset Class | Office |
| Property Size | 155,000 SF |
| Investment Status | Sold |
| Realized Deal IRR | 18.2% |
| Realized Deal EM | 3.76X |
| Realized Investment Period | 5 Years |