The Dollar Tree property was acquired in June 2012. The investment consisted of purchasing a non-performing loan secured by a vacant single story building in Miami, Florida. Shortly after closing on the loan, a deed-in-lieu of foreclosure was negotiated with the borrower and the deed was obtained. Once the deed was obtained, the Dollar Tree lease was recorded and became effective. The property was successfully repositioned into a single tenant retail property.

6991 SW 8th Street Miami, FL
Property Type
Single Tenant Retail
Square Footage
10,341 sqft.
Acquisition Type
Senior Note
Acquisition Date
June 2012
Disposition Date

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