Descrição

Jones Lang LaSalle Americas, Inc. ("JLL") has been exclusively retained to offer for sale the Mendenhall Business Park Portfolio (the "Portfolio," "Offering," or "Assets"), a 367,195 square foot, five-asset portfolio located in the fast-growing Greensboro-Winston-Salem-High Point (the "Triad") North Carolina market. The Portfolio consists of five office buildings across two distinct product types, offering investors complete disposition flexibility to acquire assets individually or as a whole portfolio.

Three Class A single-story office buildings:

4015 Meeting Way (30,875 SF, 100% occupied, .5-year WALT, built 2003, 4.04 Acres)
4135 Mendenhall Oaks Parkway (33,758 SF, 39.1% occupied, 4.3-year WALT, built 1999, 4.50 Acres)
4194 Mendenhall Oaks Parkway (26,752 SF, 67.3% occupied, 1.1-year WALT, built 1997, 3.10 Acres)

Two multi-story office buildings:

4050 Piedmont Parkway (220,562 SF, 65% occupied, 4.1-year WALT, built 1997, 21.65 Acres)
4100 Mendenhall Oaks Parkway (55,248 SF, 82.2% occupied, 1.37-year WALT, built 1998, 4.48 Acres)

Strategically located within one of the region's renowned master-planned business parks, the Portfolio offers exceptional connectivity between downtown Greensboro, Piedmont Triad International Airport, and High Point University. This offering presents investors a rare opportunity to acquire these assets well below replacement cost with complete disposition flexibility, as each asset has its own distinct strengths allowing for a variety of strategic opportunities.

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