Clinton Plaza - Garden Grove, Ca

The OneV team was able to quickly execute on its business plan to renovate the center and subsequently pursue the available upside the property had offered at closing. Multiple leases were renewed at market rent and the team was able to lease up a premium endcap space with a strong, multi-unit restaurant operator. Cash flow has increased by over 25% in the short period after closing and the property now yields a cash on cash return in excess of 9%. The OneV team plans to hold this asset and enjoy the strong cash flow, and the increased asset value can be utilized at a later date to generate additional investment funds for future OneV projects.