Sale-leaseback consolidation for a large insurance company
September 24, 2018
Transwestern consolidated a national insurer’s 6.2 million-square-foot U.S. office portfolio into three hubs in Dallas, Atlanta and Tempe. Transwestern partnerships acquired the three campuses in a series of sale-leaseback transactions designed to increase primary occupant’s flexibility in its real estate. A partnership of Transwestern Investment Group (TIG) and JDM Partners LLC purchased the 2 million-square-foot, LEED-certified Marina Heights complex in December 2017, and Transwestern was hired to implement property and facilities management.