Pinellas Charter is a 45,000-SF facility located on a 6.9-acre site in Largo, FL (part of the Tampa Bay area). The school is located in a densely developed residential area.
Investment Strategy: The investment was regarded as a two phase project. First was renovating and delivering the school, which was completed in 2011. The second phase consisted of an expansion in 2017 to increase capacity and accommodate increased demand from waitlist.
Acquisition Date: September 2011.
Disposition: December 2018 to the charter school operator.