Presidio Development Partners, LLC.
A Real Estate Investment and Development Company

Tarob Court

1980 Tarob Court, Milpitas, CA (Silicon Valley)
Project Description 46,000 square foot suburban R&D building.
Challenge Purchase vacant REO property from special servicer, evaluate sale to residential builder for townhomes or to an industrial owner-user, and execute plan to minimize risk during early stages of business cycle recovery.
Results Executed on business plan on schedule and exceeded profit expectations.
Details Commencement Date: Purchased April 2010 for $2 million. Completion Date: Sold July 2011 for $4 million.
Total Value $4 million.