A build-to-suit office building 100% net-leased to California Casualty Management Company, a privately-owned insurance company of investment grade credit stature. Since inception, this asset has produced substantial distributable cash flow to the Fund. The building is located at the highly visible and accessible intersection of two major arteries, Interstate 25 and Rockrimmon Boulevard, in the most desirable Colorado Springs submarket.
Size: 120,090 RSF
Occupied: May, 1998
Realized: June, 2008
Ownership: Westminster Telstar LLC, owned 100% Fund I