TOWN SQUARE NORTH

TOWN SQUARE NORTH | LAS VEGAS, NV | Commercial | 129,480 SF
ACQUIRED JANUARY 2018 $11.81M
EQUITY MULTIPLE 2.69x
SOLD AUGUST 2018 $22.06M
LEVERAGED IRR 424.97%

Town Square North was acquired completely vacant in January of 2018 at auction with an expedited due diligence and close period. The project was comprised of 123,617sq ft of net rentable area in shell condition within a 2-3 story office condominium.

DIG aggressively marketed the property for lease with the intent to hold the asset but was approached with an unsolicited offer and sold in August of 2018.