Case Studies
Pinnacle 101 Land
- Address: Loop 101 and N. 85th Street
- Real Estate Type: Land
Challenge
Office demand for large tenants reduced drastically
• Tenants in the market not willing to wait for new construction
• Construction costs expensive and volatile
Solution
• Consider alternative uses
• Market study showed gap in Flex/Industrial product
• Market to flex developers
Results
Selling to Flex/Industrial developer
• Acceleration of profits to client
• Eliminated risk of lease up.
Previous Owner/Client
