TriDev Realty Partners - Peter C. Bell

TriDev Realty Partners

By Peter C. Bell

  • Release Date: 2010-08-19
  • Genre: Business & Personal Finance
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The chief executive officer (CEO) of TriDev Realty Partners, was considering an offer of $22.5 million that she had received for TriDev's Uptown Plaza shopping centre. Although she was looking to divest the property within a year, and the offer appeared attractive based on current income levels, she knew that a number of lease renewals were pending, which could increase the value of the property. Should the CEO sell now or wait until the lease renewals were in place?

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