Dallas Real estate investment firm acquires GE Transportation building in Melbourne Florida

Dallas based local real estate equity fund makes their second acquisition in 60 days. More on the way.

Reserve Capital Partners announced today that they have acquired The GE Transportation Building building located at 1990 West NASA Boulevard, Melbourne, Florida. Reserve Capital Management will take over property management of the building. GE Transportation just commenced a new 10 year lease and has occupied the building since 2007.

The debt was brokered by Will James at NorthMarq Capital. Mesirow Financial out of Chicago partnered with Reserve Capital to acquire the asset. David Bailey at Stan Johnson Company represented the seller, TIC Properties Management, LLC.

 
We loved the asset and the tenant property fits our fund objectives and our portfolio
— Greg Seitz, Partner at Reserve Capital
 

For more information on Reserve Capital Partners, please contact Brant Landry at +1 214 983-1360 or brant@reservecappartners.com

 GE TRANSPORTATION BUILDING  |  1990 West NASA Boulevard, Melbourne, Florida  

GE TRANSPORTATION BUILDING  |  1990 West NASA Boulevard, Melbourne, Florida  

About Reserve Capital Partners

Reserve Capital Partners (RCP) is a Dallas based real estate private equity fund. RCP was founded by real estate veterans, Greg Seitz, Brant Landry and Clint Riley. Reserve Capital Fund I is acquiring up to $300 million in real estate assets. The asset classes are office, industrial and self storage.