4820 Business Center Drive
Fairfield, CA | 54,000 SF | Investment, Development
A 7.6-acre parcel of land in the Green Valley Corporate Park was purchased from a related entity in May 2001 to build a 54,000 SF, 50% pre-leased office building on 4.15 acres of the land.
In January 2016, the 95% leased building was sold to Partnership Health Plan, a tenant occupying 51% of the building. Returns to investors, including cash flow during ownership, achieved a 3.9 equity multiple.