8035 EAST RL THORNTON, Dallas

Purchased in 1987, through a partnership, TPMC was able to take advantage of an asset that had been poorly managed and under-capitalized. By initiating its direct leasing model, occupancy increased from 5% to 60% in 120 days. Soon thereafter, the property was stabilized at an occupancy level of over 90%. The asset was later sold in 1993, earning a significant return on equity.