Switch Yard

Opportunity & Strategy

• Adaptive Reuse to Creative Office – Abacus and its partners plan to convert two legacy midcentury warehouse assets into trophy-quality creative office
• User Sales – Abacus acquired both assets directly from owner occupants, allowing for a compelling going-in and ultimately stabilized basis
• Competitively Advantaged Product – Switch Yard is being developed to a higher on-site parking ratio than its competitive set, enabling it a competitive advantage when marketing to prospective tenants
• Undersupplied Market Segment – Abacus identified a supply-demand imbalance for creative office space in the local market that Switch Yard is intended to exploit