Property content
Presented to Oro based on strong relationships with the seller, this transaction encompassed the acquisition of three functional warehouse buildings from a distressed real estate investment firm. Oro subsequently enhanced cash flow of the asset by signing new leases at the two vacant buildings and renewing a lease in the third building. Based on market… Read more »
Originally an office-warehouse property, Groves Road is located within the Eastland area of Columbus, just south of I70 and west of the 270 Beltway. Throughout Oro’s ownership of this asset, the property was continually upgraded and repositioned to generate maximum cash flow. Recent upgrades include a new roof and parking lots, as well as demising… Read more »
Sourced from a strategic relationship, this acquisition represented an opportunity to acquire a performing loan. Due to significant vacancy, the note was purchased at a substantial discount to face value. The borrower defaulted on the loan immediately following acquisition and investors were awarded the property, adjacent parking, and land in a foreclosure judgment in October… Read more »
Canyon Gate Shopping Center is a neighborhood retail center located in The Lakes community of west Las Vegas. Developed in 1995 as a build-to-suit for Smith’s Grocery Store, the site also includes a Rebel Gas Station, various inline retailers, and space for potential development. The site offers almost 75,000 SF of gross leasable space, including… Read more »
With quality construction, desirable location, and potential upside from leasing vacant space, this asset represented a value-added opportunity for Oro Capital. Resilient management efforts kept the property at 100% occupancy despite periods of softness in the Dallas market. Over the course of Oro’s ownership, Jupiter Business Park rewarded investors with annual cash distributions and substantial… Read more »
Originally acquired during a soft commercial real estate market, the top floor of this property was vacant when acquired. Property value was enhanced over the years by minimizing vacancies and repositioning the asset to better align with market demand. An original warehouse located at the back of the property was converted to office/showroom space, commanding… Read more »
This transaction was sourced through an established relationship with the seller which enabled Oro to acquire a quality asset at a fraction of the replacement value. Acquired in a market downturn, value was enhanced by aggressively cutting costs and increasing occupancy. Keeping operating costs to a minimum while proactively managing the property led to property… Read more »
Offered by a motivated seller because of Oro’s ability to move quickly and its reputation for closing, this property presented an attractive opportunity due to its below-market rents, desirable location, and credit quality of the tenants. Over the years, it provided reliable cash flow for investors and a very profitable return.
Sourced from a lender relationship developed during a previous acquisition, this property represented an opportunity to acquire a well-located asset. The Wynkoop property was priced far below replacement value with the current owners struggling in a depressed market that Oro knew was poised for a rebound. Aggressive management and leasing strategies by Oro increased occupancy… Read more »
With this property, Oro acquired an under-performing asset and added value by increasing rent rates, proactively pursuing tenant renewals, marketing the property to technology companies, and reaping the benefits of a rebounding economy. After repositioning the property, Oro exited the Minneapolis market, securing a positive return for investors.
