HOME TEAMS
OUR PEOPLE
CASE STUDIES NEWS AND PRESS CAREERS CONTACT US INVESTOR PORTAL




Northrop Grumman
Dayton, OH
Investment Strategy: Stabilized Asset Secondary Market
158,000 SF
FD Stonewater acquired this asset in 2014. The existing facility is 100% leased to and occupied by Northrop Grumman (Northrop Grumman acquired Orbital ATK in 2018), a leading developer and manufacturer of products that support the aerospace and defense industries. The deal had complex underwriting challenges and limiting financing options. The FD Stonewater development and asset management teams negotiated the expansion plans along with the long-term lease renewal. The FD Stonewater development team completed the 35,000 SF expansion and interior improvements in 2018.


Category: Investment
DEAL INFO
Acquisition Date: February 2014
Occupancy: Single-tenant Opportunistic
No. of Buildings: 1
Square Feet: 123,200 SF; 158,059 SF upon expansion completion
Tenant Sampling: Orbital / ATK (acquired by Northrop Grumman)
BACK TO PROJECTS