Posted on November 9, 2008 by bobbauman
We have two office towers in Houston, TX available. These two office buildings contain more than 775,000 sq. ft of office space. The building has been poorly managed and is currently below 65% occupancy. The current owners attempted to lease the space themselves instead of hiring a professional, national company.
The owner was asking $80 million [...]
Filed under: commercial real estate, off-market, real estate | Tagged: distressed property, houston, office building, texas | 1 Comment »
Posted on November 9, 2008 by bobbauman
We have a portfolio of 18 off-market Embassy Suites and Marriot Courtyard hotels available for just under $1 billion. These hotels are located in CA, CO, NV, OR & WA. Performing at a 7 Cap with the owner including managment at no cost may bring the Cap closer to a 7.5.
Contact me at bobbaumandeals @ [...]
Filed under: commercial real estate, hotels, off-market, real estate | Tagged: embassy suites, hotels, marriot courtyard, off-market | Leave a Comment »
