Previous Experience

Properties acquired by Mr. Jefferson prior to forming Menyon Capital

VHA Place – Las Colinas, Texas

256,000 square feet of prime office space.

Investment Rationale

  • Purchased at approximately 20% of replacement cost
  • 82% occupied at purchase
  • Weighted average existing lease term of 46 months
  • Highly desirable Las Colinas address
  • Superior location with immediate access to the Dart Rail Line (2011 Completion)
  • Quality Core Tenancy
  • Close proximity to the DFW Airport

VHA Place – Las Colinas, Texas

A Class A office complex totaling  355,269 square feet.

 Investment Rationale

  • Purchase price was approximately 50% below replacement cost.
  • 67% occupied at purchase with significant upside potential from lease up of vacancy and below market in-place rents in a submarket where rents have increased 15% over the past year.
  • Strong historical occupancy, which has perennially outperformed the submarket, coupled with strong tenant retention (37% of the leased space has been occupied by tenants for at least 10 years).

One Financial Plaza – St. Louis, Missouri

A Class A Office Tower totaling 433,453 square feet.

Investment Rationale

  • Purchase price was approximately 50% of replacement cost
  • 84% occupied at purchase to high quality tenants in a strengthening market
  • One Financial Plaza is considered a top tier property that offers an impressive amenity package that includes a fitness center, meeting and conference facilities, sundry shop, ample convenient parking, on-site property management and 24-hour security

Park Central 7, 8 & 9 – Dallas, Texas

Three Class A Office Towers totalling 845,419 square feet
1.4-acre development site.

Investment Rationale

  • Purchase price was 36% of replacement cost.
  • 88.1% occupancy at purchase in an improving market that attracts corporate caliber tenants.
  • Significant upside potential through re-letting spaces at higher market terms and rents.
  • Strong demographic location that is within minutes of key executive residential communities.

Two Forest Plaza – Dallas, Texas

Institutional quality 11-story office building totalling 196,040 square feet Located in the highly sought after Park Central Office Park in Dallas.

Investment Rationale

  • Purchase price was 40% below replacement cost.
  • 61% occupied at purchase in an improving market.
  • Institutional quality building in desirable investment submarket.
  • Strong demographic location that is within minutes of key executive residential communities.