TWITTER            LINKEDIN Chicago Office: 120 E. Liberty Dr. Wheaton, IL 60187
Austin Office: 500 W 5th St. Austin, TX 78701

1 Year

Hold Term

180%

IRR

2.80x

Equity Multiple Return

H&E Equipment

7809 IH 37 Access Rd., Corpus Christi, TX 78409

Property Type: Single-tenant Retail

A ground-up development of a stand-alone retail building located in Corpus Christi, TX about 150 miles south of San Antonio. FCA contributed 100% of the equity for the project, which was completed in a joint venture with Embree Group.

We obtained an extended, corporate-guaranteed lease with the tenant prior to construction and completed the building to the tenant’s specifications.  The completed property was sold to a REIT specializing in net lease properties, taking advantage of the tenant’s strong credit rating and the historically low interest rate environment.