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REGARDING LEASING,
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Westmark I & II
Glen Allen, VA 23060

Acquired

8/18/2004

Location

Westmark I and Westmark II offer an ideal location and visibility along I-64 and West Broad Street, near the intersection of I-295, in the Northwest Quadrant of the Richmond area. The two-building complex is just a mile from the new Short Pump Town Center, which offers over a million square feet of upscale retail space.

Description

The 35 acre complex consists of two buildings, a five-story facility constructed in 1976 with 211,689 SF, and a 204,622 SF building completed in 1987 and linked to its sister building by a two-story covered walkway. Both buildings have been significantly renovated over the last decade. Each building also offers floorplates exceeding 40,000 SF.

Investment Rationale

Property acquired for well below replacement cost.
Assets are ideally located just off of I-64 near the intersection with I-295.
Properties offer opportunities for significant value creation through repositioning and additional development opportunities.




Fund Ownership

Fund VI

Map

For more information regarding properties for sale, please email us at sales@newbostonfund.com or call 1.866.DIAL.NBF