Beltline Highway

2015

Year Built

133,743 SF

Commercial Space

Sold

Status

Join a Group of Great Retailers in this Madison Shopping Center

Acquired by General Capital Group, the Beltline Property is a strong retail development in Madison Wisconsin on 3.07 acres with 648 parking stalls.

KEY THEMES

  • Value-add retail acquisition focused on enhancing property performance through strategic capital improvements and active asset management
  • Prime location along Madison's Beltline Highway provided exceptional visibility, accessibility, and long-term leasing potential
  • Comprehensive business plan combined physical upgrades with operational efficiencies to maximize asset value
  • Proactive leasing and property management initiatives strengthened occupancy and improved overall investment performance
  • Disciplined execution positioned the asset for a successful disposition following completion of the value-add strategy

RESULTS

  • Successfully repositioned a 42,000 SF retail property through targeted improvements and strategic asset management
  • Enhanced long-term value by optimizing property operations, leasing performance, and overall market positioning
  • Generated a 33.24% gross internal rate of return and a 2.65x gross equity multiple for investors
  • Delivered a 21.68% net internal rate of return and a 1.92x net equity multiple upon disposition
  • Completed a successful sale following execution of the property's value-add business plan
 

Related Commercial Projects

Previous
Previous

Oak Creek Forest Hill

Next
Next

MIAD Commercial