CAI Investments, LLC, a property manager\/developer and private placement sponsor, has purchased a Class A office building in Carson City, Nevada for an undisclosed price.<\/p>\n\n\n\n
Located at 3850 Arrowhead Drive, the three-story, 96,000-square-foot building is leased to Harley Davidson Financial Services, a subsidiary of Harley Davidson, Inc. (NYSE: HOG) and sits on approximately 10 acres of land. Amenities include open office spaces, a caf\u00e9, a fitness room, and an outdoor patio area next to Eagle Valley Golf Course.<\/p>\n\n\n\n
CAI Investments has not yet disclosed what plans they have for the building, however, James Hickey, the firm\u2019s senior vice president of capital markets said that the \u201cClass A office space fits in with the current Delaware statutory trust and property management portfolio that CAI is building.\u201d He noted that the company \u201cfocuses on finding assets in geographical areas that are growing and have stable business models.\u201d<\/p>\n\n\n\n
Christopher Beavor, CAI\u2019s founder and chief executive officer remarked on the increased business and population growth in northern Nevada where the property is located.<\/p>\n\n\n\n
\u201cWe see companies relocating from California bringing their workforce with them because the Reno\/Carson City area offers lower taxes, a booming economy, and outdoor activities that improve on individuals\u2019 lifestyles,\u201d he said.<\/p>\n\n\n\n
In late October 2020, CAI purchased the global headquarters of Pactiv LLC<\/a> in the Chicago suburb of Lake Forest, Illinois for a DST offering.<\/p>\n","protected":false},"excerpt":{"rendered":" CAI Investments, LLC, a property manager\/developer and private placement sponsor, has purchased a Class A office building in Carson City, Nevada for an undisclosed price.<\/p>\n Located at 3850 Arrowhead Drive, the three-story, 96,000-square-foot building is leased to Harley Davidson Financial Services, a subsidiary of Harley Davidson, Inc. (NYSE: HOG) and sits on approximately 10 acres of …Read More ><\/a><\/p>\n","protected":false},"author":1,"featured_media":216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/posts\/1783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/comments?post=1783"}],"version-history":[{"count":1,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/posts\/1783\/revisions"}],"predecessor-version":[{"id":1786,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/posts\/1783\/revisions\/1786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/media\/216"}],"wp:attachment":[{"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/media?parent=1783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/categories?post=1783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/tags?post=1783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}