TOWN POINT CENTER Acquired in August 2014

A 131,259 SF Class A office building located in the heart of the central business district in downtown Norfolk, VA. Town Point Center is located directly across the street from the Battleship Wisconsin exhibit, and boasts exceptional views of the Elizabeth River, Town Point Park and Norfolk skyline. Built in 1986, the building is constructed of granite, marble, concrete, steel and glass. It stands 12 stories tall with floor plates of approximately 12,244 SF fully sprinklered with two separate private parking garages. The property has won numerous awards including Energy Star designations. Tenant roster includes notable law firms, accounting firms, insurance groups, freight forwarding companies, and community associations.


It is a Class A 25,000 SF retail shopping center sitting on 5.094 acres, has multiple ingress and egress. Located in the heart of the dominant retail corridor of historic and growing Smithfield, VA. Located at a busy and signaled intersection of Benn’s Church Boulevard and Cypress Run Drive. Located directly adjacent to Smithfield Shopping Plaza, anchored by a high volume Farm Fresh, the dominant grocer in Smithfield. The property has a strong customer base that includes permanent residents and vacationers, as well as employees from the region’s largest employer, Smithfield Foods. Over 20,000 people with an average household income of $83,000 live within a five-mile radius. This stabilized asset
made for a very nice addition to the CIG portfolio.

GREEN MEADOWS APARTMENTS – Virginia Beach, VA Acquired in July 2014

Green Meadows Apartments is a 24-unit garden style apartment complex located in the heart of Virginia Beach. Possibly the best kept secret in Virginia Beach, Green Meadows is conveniently located near the Town Center area just south of I-64. Halfway between downtown Norfolk and the Virginia Beach oceanfront, Green Meadows is at arms length from shopping, dining and entertainment. 12 apartments have been renovated with granite countertops, maple cabinetry, stainless steel appliances, new fixtures, and more!

BAY BREEZE EAST & BAY BREEZE WEST APARTMENTS – Virginia Beach, VA Acquired in December 2015

Bay Breeze East & West Apartments are located in a quiet community near the casual Chesapeake Beach locally known as “Chick’s Beach” area of Virginia Beach. It provides close proximity to many city amenities with plenty of green area in the community. This is a pet-friendly community offering 1 and 2-bedroom units.

SEA BREEZE APARTMENTS – Virginia Beach, VA Acquired in December 2015

Sea Breeze Apartments: The unique character and eclectic styling of these one-bedroom apartments when combined with the traditional elegance of apartment living, provide an exciting lifestyle in a beachfront environment. This community, which neighbors the historic ‘Old Beach’ area from 29th to 22nd Streets is aptly named Sea Breeze Apartments. Feel the gentle sea breeze at night or walk to the beach and smell the salty air. Stroll the boardwalk at sunrise. Dance the night away. Shop to your heart’s content. We are only a five-minute walk to many of these city amenities.

MAGNOLIA TRACE TOWNHOMES – Greenville, NC Acquired in March 2016

The Magnolia Trace Townhomes (formerly known as the Medical Part West Townhomes) consist of 44 units located in the growing market of Greenville, NC just minutes away from East Carolina University’s Health Sciences Campus, a centrally located medical park that is home to Vidant Medical Center, Brody School of Medicine, and various other healthcare related facilities. Conveniently located less than 5 miles from downtown Greenville and within a short commute of numerous area employers, the Magnolia Trace Townhomes offer top of the line housing in one of the thriving secondary markets of North Carolina.

TUSKAWILLA PARK – Winter Springs, FL Acquired in May 2016

Tuskawilla Park is a conventional, mid-rise elevator-serviced multifamily property with commercial income situated in the growing and popular Winter Springs area of Seminole County, Florida. In addition to a functional and attractive mix and a number of best-in-class luxury interior finishes, the Class A apartment community also includes 6,377 square feet of cash-flowing ground floor commercial space. Built in 2009, Tuskawilla Park is one of the newest multifamily communities within Winter Springs Town Center.

SUTTON PLACE APARTMENTS – Durham, NC Acquired in March 2017

Sutton Place is an exceptional 83-unit townhome and garden apartment community located in a tranquil park-like setting on 8.67 acres in the growing and desirable Southpoint area of Durham, North Carolina between Duke University, the University of North Carolina at Chapel Hill, and the Research Triangle Park. The well maintained Class B apartment community in a Class A location offers excellent walkability with enviable built-in neighborhood amenities; a downtown work-live-play feel in a sought after residential location.

MAGNOLIA PLACE APARTMENTS – Greenville, NC Acquired in July 2017

Magnolia Place (formerly Monticello Apartments and Medical Center Apartments – adjacent to each other) consists of eight buildings containing 110units. This one and two bedroom apartment community is located in a growing area of Greenville, NC. Surrounded by major employment centers including East Carolina University, the Vidant Medical Center, Grady-White Boats, Hyster-Yale and Patheon, Inc. The complex is pet-friendly with unit amenities including air conditioning, ceiling fans, range, refrigerator, dishwasher, washer/dryer hookups and all are wheelchair accessible. Greenville is the health, entertainment, and educational hub of North Carolina’s Tidewater and Coastal Plain.

PLAZA PLACE APARTMENTS – N. Augusta, SC Acquired in November 2017

Plaza Place is a 120-unit garden style apartment community inclusive of a superior amenity package with stand-alone leasing/activity building, swimming pool with spacious deck, sport court, playground, and picnic areas with grills. Plaza Place has a well-balanced unit mix of one, two and three bedroom units. Residents are within walking distance of grocery, retail centers and food establishments. Being just three miles south of I-20, Plaza Place residents have easy access to major employers throughout Augusta.

STORAGE DEPOT – OCALA, FL Acquired in March 2017

The Storage Depot comprises improved land and buildings including 119 conditioned (climate controlled) self storage units and 339 unconditioned self-storage units plus 31 outdoor spaces (for boats, trailers, and motorhomes) for a total of 489 leased self storage units located in the heart of Ocala, Florida. This property offers unparalleled access to core economic drivers, hightly educated workforce and numerous nearby neighborhoods and amenities. Built in 2005, all of the buildings are well maintained and feature attractive exterior and common areas with professionally landscaped grounds.

HOWELL STREET APARTMENTS – Chapel Hill, NC Acquired in October 2017

The Howell Street Apartments is a University of North Carolina Student Housing apartment complex comprised of 16 units including 88 beds within walking distance of UNC. All buildings and units are completely renovated and stay 100% occupied, year-after-year.