| Detroit This $79,300,000 off-market acquisition of a five building, higher image, core, long-term lease portfolio in Michigan accommodated two entities as tenants in common. A Welsh affiliated entity was the third tenant in common owner, providing reassurance to the investor that Welsh had confidence in the transaction. The entire transaction was completed within the first fifty days of the entities’ 1031 exchange period. |
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| Durham This property, purchased in 2006 by Welsh with one original tenant in common owner, has since been re-structured to accommodate two further 1031 transactions. This industrial building in Durham, North Carolina, is leased for the next 9 years to a single tenant and is expected to provide strong returns for the investors. This industrial building was structured as a sale lease back transaction. Durham is one of the fastest growing markets in the southeast. |
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| Valley Oaks / West Park This six building acquisition accommodated a 1031 exchange investor as a tenant in common owner with a new entity comprised of outside capital from individual investors. Two of the six buildings were acquired off-market to provide some diversity to both the 1031 and to investors. |
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| Kramer This multi tenant building, located in Edina, MN, accommodated a 1031 investor as a tenant in common with the balance of the capital coming from Welsh Principals. This building was acquired in an off-market transaction and was substantially vacant as a value-add opportunity. |
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| Long Lake This office building acquisition was completed on a third-party basis, by Welsh for a long-time real estate investor seeking stable returns for their 1031 exchange. From identification to due diligence to closing, Welsh coordinated and worked with the investor and its advisors to successfully achieve the investor’s goals. |
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| Valley View This acquisition not only accommodated an entity’s need for a 1031 exchange property, but was also structured to allow new investment capital into the property. A small bay industrial building with a prime suburban Minneapolis location, this investment is intended to be a long-term hold for its investors. |
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