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11,700 SF Industrial Multi-Tenant Redevelopment
MANNA purchased this 11,600 SF building with 30-car parking in September of 2020 in an off-market transaction. This acquisition exemplifies a high-barrier to entry infill opportunity with a value add, rent push upside. MANNA engaged in a focused development of the building, converting it into 7 micro industrial service units. The building was 55% leased at the time of sale and following the new improvements, it was 100% leased within 90-days.