4900 Main Office Tower
This multi-tenant office building was only 83% occupied at the time of acquisition, with below-market in-place rents, struggling to compete in its South Plaza location. VanTrust strategically invested $8 million in building system modernization and upgrades, including the building facade, elevators, fitness center, vending, lobby, courtyard, and landscaping, to improve visibility and tenant experience.
VanTrust collaborated with a local commercial real estate landlord representation team to implement an aggressive leasing strategy that successfully increased occupancy to 95-99% for several years at market rent levels. VanTrust also coordinated a neighborhood-wide public space initiative to enhance the surrounding streetscape along a four-block corridor where the company also controls a number of other stabilized and to-be-redeveloped assets.