Northwood Center

Tallahassee, Florida

Ajax, along with partner Birchmont Capital Partners I LP of Los Angeles, acquired the 495,000 square foot two-story office building in 2007. The building is 95% leased by government and retail tenants. As with other Ajax investments, this property is located in a growing market that is currently undervalued. Ajax is working to upgrade the infrastructure of the building to further increase the value of this asset.