NexGen opted to take advantage of the dislocation in the office market with the acquisition of 384 Inverness Parkway. NexGen acquired the 51,527 sf multi-tenant two story office building in all cash to optimize the value proposition. The low basis provides NexGen the opportunity to further improve the asset and finish the spec suite program initiated by the Seller. Recent improvements include new exterior paint, concrete work, landscaping, new sewer line, upgraded common area finishes/furniture, modernized glass suite doors, and common area music. The property features fully built-out spec suites for lease.