Asset Type
Market
Number of Bays
Date Acquired
Status
When CMP acquired 111 Belton Dr in November 2023, the 48,000 SF industrial building—divided into six bays—was underperforming. Tenants in Bay C were evicted for delinquent rent, deferred maintenance was visible, and curb appeal did not match the asset’s potential. Our team moved quickly to reposition. We began by cleaning up the site—removing brush, dead trees, and unsightly bushes, and investing in new landscaping to enhance visibility and marketability. At the same time, Bay C was rebuilt as modern office space, increasing its leasing appeal.
By Q3 2024, the strategy had paid off: the building was fully leased, with stabilized cash flow and a stronger tenant mix.
By August 2025, CMP executed a successful sale, realizing the value created through disciplined asset management and hands-on improvements.
111 Belton Dr highlights our ability to:
This project reinforces CMP’s approach: uncovering value where others see risk, executing with discipline, and delivering outcomes that build both trust and returns.
