Other Holdings

Baceline is currently engaged in projects that are slated to produce value added returns for its investment group using leverage.

Westpoint Business Center
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Plymouth, Minnesota
Acquisition Date: April 25, 2006

Westpoint Business Center is a five-building portfolio of warehouse/office properties located in Plymouth, Minnesota, in Minneapolis' northwest suburban industrial market. The northwest market is Minneapolis' strongest performing sector in recent years. The buildings total 161,304 square feet.

The strategy for Westpoint is to physically upgrade the buildings and property, take advantage of the highway exposure and location of the property, proactively manage the buildings and cash-flow, and lease vacant spaces.

 

Northaven Square
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Dallas, Texas
Acquisition Date: July 17, 2007

Northaven Square is comprised of eight industrial/flex buildings with total square footage of 151,388. The Property is located northwest of the Dallas Central Business District, less than ½ mile south of Interstate Highway 635 (LBJ Freeway) and on the east side of I-35 (Stemmons Freeway). Northaven Square is located in the South Stemmons submarket, one of Dallas’ strongest industrial markets.

 

Northwest Village
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Houston, Texas
Acquisition Date: July 11, 2007

Northwest Village, located at 17360-17532 Northwest Freeway in Houston, Texas, is a 195,351 square foot retail property located approximately 20 miles northwest of the Houston Central Business District. The Property is located on the highly trafficked intersection of US Highway 290 and Jones Road providing it with excellent visibility and access. The city of Houston has plans to extend Jones Road to the south of the Property, providing additional access and increased traffic counts. The Property’s improvements include three retail buildings. One primary building (171,378 SF) comprised of 36 units, and two outparcel buildings (23,973 SF).

 

University Plaza Top
 

Peoria, Illinois
Acquisition Date: July 12, 2007

University Plaza, located at 3421-3519 University Street in Peoria, Illinois is a 133,252 square foot retail property with 2.66 acres of developable land, and the ability to build an additional pad site. The Property is both highly visible and strategically located on University Street just south of War Memorial Drive in the heart of Peoria’s busiest retail corridor. The center is adjacent to a Wal-Mart and located less than a mile from Northwoods Mall, Peoria’s largest regional mall. The property includes three retail buildings comprised of eleven units. 

 

Lafayette Market Place Top
 

Lafayette, Indiana
Acquisition Date: April 30, 2008

Lafayette Marketplace, located at 3500-3550 State Road 38E in Lafayette, Indiana is a 214,876 square foot retail property. The Property was completed in 1996 and is anchored by Petsmart, Staples, Pier 1 Imports and Michaels. Lafayette Market Place is situated in a primary retail area of Lafayette across State Road 38E from the Tippecanoe Mall.  Lafayette Indiana is a growing Midwestern town that is home to Caterpillar, Subaru and Purdue University.