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4665 Business Center Drive

Fairfield, CA     |     100,000 SF    |     Investment, Development

A 6.65-acre parcel of land in Green Valley Office Park was acquired in 2002 from an affiliated entity to develop a 100,000 SF, 70% leased office building for occupancy by Copart, Inc.  The building was designed with load-bearing, tilt-up concrete panels with large window openings to achieve cost efficiencies while offering a Class-A look.

The tenant exercised their right to expand during construction into the entire building; within 14 months of completion, the company exercised their right to purchase.  The investors enjoyed a significant return over a very short period of time.  The building was later acquired by Partnership HealthPlan, which now occupies the building.