CA CDG 017 LLC shall have the unobstructed and exclusive right to erect, construct, replace, reconstruct, install, maintain, operate an electricity grid-connected photovoltaic solar power plant, initially expected to have a total generating capacity rated at approximatelx 18,400 kilowatts as measured on the AC side of the inverter, and all related equipment, apparatus, accessories, works and appurtenances thereto, including without limitation.
Leased Premises Area
Portion of the Property outlined in red on the plan attached as Schedule A, estimated at 99.96 acres, subject to readjustment upon commercial operation (and after any material alterations) to reflect the actual area occupied by the solar system as shown on "as-built" drawings.
Term
A period ending on the 25th anniversary of the solar power plant commercial operation date.
Rent
Gross rent of between $500-1,500 per acre per year with a 2% annual escalator paid quarterly in advance.
Long Beach Exchange
LBX is a best-in-class lifestyle retail asset located adjacent to Long Beach Airport and the community of Lakewood.
The newly built Class A property is comprised of 246,500 SF on 24 acres. LBX has a dynamic tenant mix including Whole Foods, Nordstrom Rack, TJMaxx, PetSmart and an exciting collection of over 20 popular dining options.
With institutional quality tenancy, elevated design, and an exceptional location, LBX is expected to generate consistent distribution with upside from capital appreciation.
Property Address
4150 McGowen St., Long Beach, CA 90808
Type
Retail
Year Built
2018
Rentable Building Area
246.500 SF
Current Occupancy
95.1%
Site Size
~24 Acres
Parking
1,357 Spaces (5.5/:1,000 SF)
Major Tenants
Whole Foods, Old Navy, Nordstrom Rack, Ulta, PetSmart
Gateway Center
Gateway Center (the “Property”) is a 79,001 square foot value-add retail center located just east of I-5 in Mission Viejo, California. Serving as a preferred retail destination for the affluent, master planned communities in South Orange County, Gateway Center is 81.3% leased to a diverse mix of daily-needs and service-oriented tenants as well as national brand retailers.
10X Living at Fort Lauderdale was acquired in the beginning of the quarter and it is centrally located between Downtown Fort Lauderdale, Port Everglades, Broward Health Medical Fort Lauderdale International Airport and the famous Fort Lauderdale Beach. The property’s strategic location and excellent highway connectivity provides shortened commutes to Broward County’s major employment centers and notable social points of interest. Amenities include state of the art fitness center, yoga studio, outdoor living space, also many walkable retail stores are nearby including Publix, LA fitness, and Whole Foods.
