08/15/2026
We are pleased to share the successful closing of our Gen Hills project in Tampa, Florida. While the business plan did not unfold exactly as originally anticipated, the asset ultimately delivered strong double-digit returns for our investors, demonstrating our ability to adapt, execute, and create value through changing circumstances.
The Asset: 1743 E. Hillsborough Ave., Tampa, FL 33610
Status: Successfully Closed
Investment Outcome: Delivered double-digit returns for investors despite changes to the original business plan.
Future Development: Expected future home of Chipotle and PNC Bank.
This successful disposition represents another project brought across the finish line while delivering strong results for our investors. It also reflects our commitment to navigating challenges and remaining focused on value creation.
We would also like to thank SRS Real Estate Partners for their excellent representation and partnership throughout the disposition process.
As we continue to recycle capital into new opportunities, we remain actively pursuing acquisitions, with a particular focus on the Tampa market.