The property was purchased in 1997 with the ownership entity managed by Fairlane Properties Inc., a locally-based commercial real estate investment company. The company has invested in building improvements to the 40,000-sf building including a new electrical distribution system and installation of upgraded telecommunications equipment.
Fantini & Gorga did not return calls by presstime but a managing director for the company is quoted as saying in a released statement that this building is another in a series of Class B buildings that Fairlane Properties has acquired and upgraded. Fairlane currently serves as asset manager for 215,000-sf in four buildings Downtown.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
