Wellington Charter is a 45,000-SF facility located on 8.1 acres in Palm Beach, FL with a capacity of 1,400 students. Over 25% of the population at the time of the investment was under the age of 18.
Investment Strategy: The land was acquired and the facility was constructed as a build-to-suit for Charter Schools USA and Bright Horizons to operate the facility as a K-8 charter school and day care.
Acquisition Date: December 2012.
Disposition: March 2019 to the charter school operator.