Properties: Lakewood Towers

Caddo Holdings acquired the two-building Lakewood Towers complex from a public REIT in 2010.

• 170,000 rentable square feet Office and Medical Complex in East Dallas near White Rock Lake.

• Caddo completed a renovation of approximately $4 Million on the project.

• Caddo repositioned the asset within the marketplace and significantly increased rental rates and occupancies, which increased NOI by over 380% during its hold period.

• Caddo sold the asset in 2013, delivering a strong return to its investors.