Mohr Capital completed this 200,000-square-foot, rail-served office and warehouse facility with 23 acres of concrete storage capacity for GAF Materials Corporation (GAF) in Michigan City, Indiana. Located at 130 Tri Quad Drive, GAF’s mission-critical facility sits on 45 acres and will serve its distribution network for roofing products. Construction began in January 2020 with an expected construction schedule of 12 months. The facility was completed ahead of schedule, under budget, and delivered to GAF on October 15, 2020.
Mohr Capital acquired 651 East Corporate Drive in Lewisville, Texas, from Cohen Asset Management. The facility serves as the U.S. headquarters for Hoya Optical Lens of America, a division of Hoya Corporation. Hoya is a Forbes Global 2000 company and a worldwide supplier of advanced medical and optical products. The property is 100% leased.
Mohr Capital acquired Pacific Corporate Center, a 207,806-square-foot Class A R&D/Flex Park located in Livermore, California. The park was acquired below replacement cost in a desirable area near the Lawrence Livermore National Laboratory and the Sandia National Laboratory. The park is occupied by FormFactor (NASDAQ: FORM), the world’s leading semiconductor probe card manufacturer. The property is 100% leased.
Mohr Capital purchased a 404,800-square-foot office and industrial portfolio from Zydeco Development in Austin, Texas. The five-building portfolio consists of a 160,000-square-foot industrial building leased to Amazon.com Inc. and Uber Advanced Technologies and a 244,800-square-foot four building office component.