Contact Pointe

A Track Record of Success: Acquisition Case Study
$0.0 M
($50 PSF)
Acquisition Date

Office building located in Lake Mary with the highest parking ratio in the sub-market

REO 2 building office / flex asset

Capital Improvement projects include:

Parking expansion, signage, landscaping, restrooms, and deferred maintenance items (roof & HVAC)


Occupancy at acquisition

Project Level IRR

39.1% & 5.0x

Equity multiple over 5.9 year hold period

Sold 3200 building (152,642 sq. ft.) for


($120 PSF) to user Axium Healthcare Pharmacy (Kroger) in Feb 2016

Sold 3210 building (92,127 SF) for


($158 PSF) in May 2019

Renovated By Tower Realty Partners

Joint-venture between Trigate Capital and Tower Realty Partners

Trigate Capital Logo
A beautiful scenery photo of outside view of a building.
Outside sign of Contact Pointe.

Unencumbered by debt for final ~3.25 years of ownership

7 / 1,000 parking ratio, expanded to 10 /1,000

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