Currently 100% occupied by several strong credit tenants with a remaining weighted average lease term of +/- 4.18 years.
Strong re-lease potential as indicated by new leases, renewals, and expansions signed for all tenants since December
2018.
Assured cash flow growth through contractual rent increases in all leases.
The largest tenant, JVIC has been progressively expanding and continues to grow into the building in a market with limited office inventory. UTMB Health also recently renewed for five years and is currently negotiating an even longer-term extension at a significant rent increase.
Significant recent tenant improvements of over $850,000 completed in last several years.