Date of Acquisition
April 2015

Scope of Transaction
$7.2 million

Size of Property
65,536 SQF

Funding
50%

Equity
$2.3 million

Investment by Brightman-Gil
$1.3 million / 56% of the equity
ONE HIGHLAND
Birmingham, AL

One Highland is a 65,000 SF office space in Birmingham, Alabama.

We purchased the property with a 6.7% cap-rate.

The offices are well-located next to the University of Birmingham and the city's major hospital. The area is mainly occupied by medical centers and doctors offices that want proximity to the university research center and hospital.

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Transaction Details

04/2015
Acquisition

$7.2M
Scope

65,536
SQF

50%
Funding

$2.3M
Equity

$1.3M
B&G Invested