Mohr Capital acquired a 462,000 square foot Class “A” office park occupied by $24B Rockwell Automation (NYSE: ROK) in Mayfield Heights, a suburb of Cleveland, Ohio. The office park was acquired below replacement cost and is one of Rockwell Automation’s largest facilities. The property is 100% leased.
Mohr Capital acquired 4851 LBJ, a 12-story 200,000 square-foot office building in Dallas. The property is 90 percent leased to date. The intersection of LBJ and the Dallas North Tollway is a phenomenal location in Dallas, allowing tenants quick access to the entire metropolitan area.
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 and a 244,800-square-foot four building office component occupied by a diverse mix of technology, government and healthcare tenants.