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INVESTMENT HIGHLIGHTS
Grand Rapids is One of America's Top 20 Cities for Job Growth, a Top 10 City for Fastest Rising Income & the #1 Metro Area for Sustainable Development. Spectrum Health is the Area's Top Employer. In Addition, Amazon Opened a $150 Million Fulfillment Center.
Guidepost Montessori is the Largest Corporate Montessori School Operator in the U.S. with 100+ Locations Nationally and Locations Globally, and Plans to Grow to 500+
Brand New 2022 Build-to-Suit Construction - Opened December 2022
Full Corporate Guaranty for the Duration of the Lease from Higher Ground Education (Parent Company of Guidepost Montessori)
Higher Ground Education Has Doubled Revenue Each Year Since 2016, Paid Full Rent for All of Their Schools Throughout the Pandemic and Has Seen Enrollments Double Since 2020. HGE Was Valued at $250 Million in 2021, and $600 Million in 2023
Excellent Average HH Income of $110k+ in a 3-Mile Radius is Expected to Reach $126k+ Over the Next 5 Years
Population Counts Exceed 173k in a 5-Mile Radius
Strong Mix of Retail & Residential - Minutes Away from a Very Dense Retail Corridor Which Includes the Woodland Mall, The Shops at Centerpoint, The Kentwood Plaza, and the Kentwood Town Center. National Retailers Include Costco, Target, Walmart, Whole Foods, Chick-fil-A, REI, Lowe's, Trader Joe's, Sam's Club, Hobby Lobby and More
$130.5 Million Spent on Education & Day Care in a 10-Mile Radius
