150 Corporate Boulevard, Norfolk, VA

Acquisition Summary
Ownership Interest 100%
Purchase Price (million) US$4.5


Property Statistics
Property Type Office
NLA (sf) 53,830
Occupancy 100.0%
Current Rent (psf pa) US$14.38
Mark Rent (psf pa) US$14.00
WALT (by income) 2.2 years
Class A
Completion Date 1994

Valuation Summary
Valuation (million) US$5.0
Cap Rate 8.50%
Valuer CBRE
 


Major Tenant Profile
Tenant Square Feet % by Area Lease Maturity Years Remaining
Federal Bureau of Investigation 53,830 100% Aug 2009 2.2