COLORADO SPRINGS – June, 2016 – ASI Capital, LLC, a private debt and equity firm based in Colorado Springs, CO, is pleased to announce the sale of the Vineyard Centers I & II, a commercial office asset located in Grapevine, Texas.
Along with its partners, TVO Capital and Menyon Capital Partners, sold the 68,755 SF, two-building complex to a Texas based investor after completing renovations and stabilizing the asset with a solid tenant base. The assets returned multiples of the original investment after two and a half years.
ASI participated alongside the sponsor of the buildings in the acquisition in December, 2013.
ASI Capital, LLC
ASI Capital helps individual investors invest with confidence in the ‘real’ economy. We offer access to investments based on alternative strategies – investments that fall outside the ‘traditional’ stock and bond markets.