News:
Owners Developers & Managers
Posted: March 31, 2017
Grand Coast Capital acquires 101,285 s/f retail and office center in Ireland
Boston, MA Grand Coast Capital Group, a Boston-based real estate investment and private lending firm, has acquired Swords Plaza, a 101,285 s/f retail and office complex located on Main St. in Swords, County Dublin. The centrally located mixed-use property presents a significant opportunity for value-add positioning and includes a variety of top-performing local, national and international tenants including Smiles Dental, Axa Insurance, McDonalds and DHL Express, among others.
This acquisition reiterates Grand Coast Capital’s continued investment interest in Ireland, which now includes a number of hotel, commercial, and mixed-use real estate assets.
“The acquisition of Swords Plaza provides Grand Coast Capital a strategic investment opportunity in an ideal location at a very attractive basis,” said Jeff Carter, CEO & founder of Grand Coast Capital.
“This property stands as a well-positioned income producing asset generating strong current returns with favorable potential for added improvement.”
Swords is located approximately 7.5 miles north of Dublin City Center and 3 miles from Dublin International Airport in an area known as one of the largest suburban centers in the region. The community presents a diverse array of amenities and retail offerings with an easily accessible location on the M-1 motorway, linking Dublin and Belfast. Swords is also known for attracting multinational corporate headquarters such as Kellogg’s, Merck, Cadbury and Bristol Myers, due to its proximity to the airport and city center.
Grand Coast Capital Group is a real estate investment and private lending firm based in Boston, with over 40 years of real estate investment and development experience. Established in 2013, the firm has developed an institutional-quality platform with a reputation as the preferred private lender for seasoned real estate investors, builders and developers across the country, as well as a proven track record of strategic real estate investments yielding attractive risk-adjusted returns.
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