7 ordspråk av Kent Merselis
Kent Merselis
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Our local market knowledge and experienced real estate team combined with our strong financial relationships allowed us to move quickly to secure this opportunity. Phoenix remains a highly competitive commercial real estate market and the ability to underwrite and close quickly is key to capturing assets like these, that are an ideal fit for our portfolio.
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Lowe Enterprises is well-established in the greater Phoenix market and will continue to advance our program of investments and developments.
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The market is strong and it was an opportunity that we wanted to take advantage of.
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It's a core asset in a strong location.
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It will be designed to appeal to every level of income from starter to move-up to second move-up to active adult.
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We're looking for quality properties that are experiencing below-market occupancy levels or properties that, for whatever their reason, are in need of capital expenditure. We can then put a marketing focus team in there to lease them up.
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Though this wasn't our initial transaction with GE, it was significant. It cemented the relationship and encouraged both sides to increase our portfolio.
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