Time table:
Late 2017 – Purchase a 47,000 square foot industrial building with a single tenant
2018- Winding down the footprint of the tenant and starting demo on top floor (20,000 square feet)
2019- Taking over the remaining 27,000 square feet to demo and construction
Late 2019- Selling the property
Bought Price $2,850,000
Sold Price $6,000,000