The Property’s industrial space is fully-occupied by four large tenants with additional office/flex space vacant. Property also includes a separate tax parcel containing a cell tower, currently being used by three companies that provide additional income of nearly $100K annually. Formerly the regional headquarters for Owens Corning, the property underwent an extensive $18 million conversion in 2000 to a multi-tenant warehouse/ distribution center including new heating, ventilation, mechanical and plumbing systems. Investment presented an excellent value-add opportunity, with two of the tenants’ lease terms expiring in the next three years each of them currently paying significantly below-market rents. The business plan consisted of capital repairs at the property, HVAC, and roof; pushing rents towards market as terms expire, ultimately; refinancing or selling the property, as market conditions dictate.