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Investment Summary

1537 Air Rail is a 320,000 square-foot tilt-up concrete industrial building acquired vacant on December 26, 2018. The entire building was leased to a single tenant during its renovation and was sold in November of 2020.

Investment Info

Status: Realized
Property Type: Industrial
Square-Footage: 320,000
Strategy: Acquisition
Sub-Strategy: Reposition, Lease-Up
Entry Date: Dec 26, 2018
Exit Date: Nov 12, 2020
Total Capitalization: $17,500,000
Exit Price: $21,700,000
Lingerfelt Role: Sole-Owner

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