Value-Add CBD Office Building

Strategic leasing and renovation property transformation

This property was quietly marketed in 2010 to avoid attention related to the selling corporation’s decision to downsize. The building was being sold with vacant possession, delayed closing, and some critical renovation work to complete.

Throughout the delayed closing period, Mike Wolfson led the Westcore acquisition team. He secured long leases with credit-worthy tenants, prepared all the renovation works, and provided the final investor with a compelling packaged deal.

The property was “turned over” within the year, with the increased price reflecting significant value added.