NexGen Properties acquired Corporate 25 in an all-cash transaction at 90% occupancy to take advantage of the dislocation in the office sector capital markets. With an average suite size of approximately 2,400 square feet, the property features flexible and efficient floorplates tailored to smaller tenants. The favorable basis will enable NexGen Properties to improve the building with cosmetic upgrades, address deferred maintenance, and continue the spec suite program. The property features fully built-out spec suites for lease.