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Based on your IP address, it appears that you are located within the United States. To subscribe into a CMB EB-5 Partnership you must be an “accredited investor” and provide satisfactory verification of your “accredited investor” status. To qualify as an “accredited investor” you must:
- Have an individual income of more than $200,000 per year, or a joint income of $300,000 with your spouse, in each of the last two years and reasonably expect to maintain the same level of income for the current year, OR
- Have a net worth exceeding $1 million, either individually or jointly with your spouse, not including your primary residence.
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HOME > PROJECTS > HereGroup 75 - Hillwood Commerce 275
Commerce BTS will be constructed on a 51.5-acre (20.8 hectares) land site within the Commerce 275 business park. Upon completion the development will consist of 517,500 SF (48,077 square meters) of industrial warehouse. The site is located at the southwest corner of Pennsylvania Rd., and Vining Rd. Hillwood has entered into confidential negotiations with a Fortune 500, major e-commerce retailer to complete a 15-year lease for the facility. The Developer has entered into a Cost Reimbursement Agreement with the prospective tenant allowing early development and construction work to commence.
EB-5 ATTRIBUTES
• Total EB-5 Loan: $26.1 Million (up to 29 investors)• Total Project Spending: $88,116,131
• Estimated Jobs from Development & Construction: 512
• 76.55% Job creation buffer
• 17.65 Jobs per investor
PROJECT TIMELINE
Development activities have commenced with vertical construction anticipated to begin Q4 2020. Completion of all construction activity is targeted for Q3 2021.
Ross Perot, Jr. serves as Chairman of Hillwood, which he founded in 1988. In addition, Mr. Perot is the Chairman of The Perot Group, which manages the various Perot family interests which include real estate, oil and gas and financial investments. Hillwood is ranked among the top ten real estate developers in the United States and is recognized for its high-profile projects and public-private ventures.
