Location: 10 Locations, Washington, Oregon
Investment Category: Retail
Size: 125,000 to 187,000 SF
Value: $120,000,000
- Provided capital to Fred Meyer to allow it to retire high-cost debt from venture fund.
- Purchase structured to provide an opportunity for tax deferral under Section 1031
- Fred Meyer repurchased the portfolio after 15 years
- In addition to the tax benefits, the investors received approximately 7 times their original investment
