Lease-Up Potential: with 6,080 SF (24%) currently vacant, the Property presents a compelling opportunity to significantly increase NOI and value y securing long-term tenants at market rates.

Tight Market Conditions: With narrow vacancy at 1.2% and 0 SF under construciton in the Westshore submarket, prime retail space such as the Property has become extremely valuable and hence lucrative.

Optimal Leasing Environment: Asking market rents are over 50% higher than the weighted average in-place month-to-month leases, providing termendous upside in bringing existing tenants and vacant spacecs to market rates.