Airport Business Park

Anchorage, Alaska

HighBridge Properties identified, underwrote and negotiated the acquisition of this four-building, 55,000-square-foot industrial property that is located just one mile south of Anchorage International Airport on behalf of a private investor client. With significant barriers to new construction, a resilient local economy and a rent roll with 70% national-credit tenants, the property represented a fundamentally sound investment.  After a three-year holding period, we sold the asset and achieved an above-market-rate return on our client’s equity.