Renovations Continue at Grant St

We got full possession of the property early this quarter. We have made major progress on the property and are nearing the completion of our renovations.

Grant St has been listed for lease, and we’ve already had a couple of showings with prospective tenants. We have received our first proposal on the property.

The cost segregation study has also been completed, which will provide significant tax advantages by accelerating depreciation on certain components of the property.