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Featured Recent Transaction:

Great West Casualty Company

GWCC

Lessee: Great West Casualty Company
Date: December 2015 (closed) – September 2017 (funded construction of expansion)
Location: South Sioux City, Nebraska
Total Square Footage: 148,089 SF
Lease Term: 22 years commencing on the closing date

With the flexibility to acquire both existing and to-be-built assets, CRIC2 Funds’ acquisition provided the funding necessary for Great West Casualty Company to expand its corporate office headquarters building in South Sioux City, NE. Located on approximately 37.512 acres of land, CRIC2 Funds acquired a 99,500 square foot Class-A office building that has served as Great West Casualty Company’s corporate headquarters since 1981 together with a 48,458 square foot to-be-built connected regional office that will serve the Midwestern Region. The 22-year net lease to Great West Casualty Company commenced at closing and included an 18-month construction period for the new building (during which the company paid no rent on the expansion building.)