Parkside At Legacy
- Size100,000 SF
- Built2016
- Stories3
- Parking5:1000
- lease
- manage
- own
- sold
The Story
Cawley Partners acquired the Parkside building in 2019. At the time of purchase, it was a newly developed and vacant office building. Cawley Partners converted the project from office to medical use and fully leased the building. The project was sold as a single-tenant asset in 2021.
The Scorecard
Cost | $40.4 Million
IRR | 25%
Multiple | 2.3x
Hold Period | 3 Years
The Location
sold