As a third party advisor, Seagate acted as a court appointed recevier, bankruptcy trustee, and subsequently as leasing and property manager on this foreclosed asset for a major life insurance company.
Through aggressive management, leasing and substantial building renovation, the property achieved 100% occupancy to a credit rated tenant within twelve months of taking ownership.
Seagate also exclusively handled the sale of the property for the client, resulting in the profitable exit from a mortgage foreclosure.
San Rafael, CA
133,500 sq. ft.
400 Civic Center Drive