INVESTMENT RECAP
SMARTCAP CRE Value Fund 1 is a value-add real estate equity investment in core suburban office and industrial assets. The fund has a target term of five years from final acquisition, with the flexibility to extend for up to two years. Value Fund I currently owns its original three assets.
FUND PROPERTIES
bought | sold
Q1 2018 | TBD
IRR
TBD
quadrant i-5 building a
ABOUT INVESTMENT
An office space located in North Seattle, strategically positioned to attract multiple tenants, allowing ownership to manage leasing risk and cashflow over time. Though a separate transaction, Quadrant I-5 A & B are located in the same business park.
SUBMARKET
North Lynnwood | South Everett
PROPERTY TYPE
Class B Office
TOTAL SQUARE FOOTAGE
74,974 sq. ft.
YEAR BUILT
1998
bought | sold
Q3 2017 | TBD
IRR
TBD
quadrant i-5 building b
ABOUT INVESTMENT
An office space located in North Seattle, strategically positioned to attract multiple tenants, allowing ownership to manage leasing risk and cashflow over time. Though a separate transaction, Quadrant I-5 A & B are located in the same business park.
SUBMARKET
North Lynnwood | South Everett
PROPERTY TYPE
Class B Office
TOTAL SQUARE FOOTAGE
70,464 sq. ft.
YEAR BUILT
1999
bought | sold
Q2 2018 | TBD
IRR
TBD
180th st industrial park
ABOUT INVESTMENT
A SMARTCAP development, designed to accommodate small bay manufacturing tenants. Each building boasts 24' interior clear heights and provides both grade-level and dock-high loading options for all tenants.
SUBMARKET
Seattle Northend
PROPERTY TYPE
General Industrial
TOTAL SQUARE FOOTAGE
98,003 sq. ft.
YEAR BUILT
2019
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