24-story, 503,000 SF trophy tower built in 2001 and located on Midtown’s prestigious 14th Street
Qualified tenants for the City’s Opportunity Zone jobs creation tax credit, which provided significant advantage over its direct competitors
Capitalized on significant upside potential by reacquiring the property in 2013 through an off-market transaction at a time when the largest tenant was relocating, resulting in a drop in occupancy to 36%. By the end of the hold, 275,000 sf of leasing has been executed, bringing total building occupancy to 91%
Re-branded the building as Regions Plaza and repositioned the asset to true Class A status by investing over $20MM to build out new tenant spaces & amenities including: conference center, fitness center, staffed concierge, renovated common areas and café, new FlyWheel Studio and valet parking