Sentinel Net Lease closed the disposition of the Chase Operations Center, a 268,413-square-foot office building in Springfield, Missouri.
The transaction was brokered by Ross Murray, president of R.B. Murray Company in Springfield.
The property was sold to a local healthcare provider.
Holding the property for less than two years, Sentinel was able to generate a property-level IRR of 45% and produce a 1.9X return on invested capital, resulting in one of the most profitable office transactions in the nation over the past several years.
