Greenlaw agreed to sell the entire project to a national apartment builder
Purchased off-market in an all-cash transaction at $75 per square foot with two institutional equity partners at a steep discount to replacement costs. The Triangle is a 200,000 square foot entertainment center located at the end of the 55 Freeway with peak traffic counts of 250,000 cars per day. Upon acquisition, the asset was leased up from 25% occupancy to nearly 80%, including a 60,000 square foot, 15-year lease with 24 Hour Fitness for its Super Sport concept
Founded in 2003, the company acquires, develops and manages commercial real estate properties throughout the western United States. Our core focus is on the acquisition and management of income assets and land entitlement projects. Our organization’s thoughtful and creative approach to transactions, coupled with extensive relationships within the equity, debt, broker and vendor markets, allow us to create value and maximize risk-adjusted returns for our investment partners. Greenlaw has long been regarded as an ideal operating partner. Our distinct creativity, deep market knowledge, unparalleled work ethic and long-standing relationships are the foundation and core of the company’s success.
Greenlaw has long been regarded as an ideal operating partner. Our distinct creativity, deep market knowledge, unparalleled work ethic and long-standing relationships are the foundation and core of the company’s success.
Our leadership team has extensive experience in a vast array of asset classes and property types including: office, industrial, multi-family, residential, retail, land entitlement and hospitality projects.