Many Trust parcels are situated in urban areas and have the potential for dense residential or commercial use. The TLO generates income through the real estate program from rent and occasional sales of parcels. Where appropriate, the TLO enhances the value of the Trust’s real estate portfolio through acquisitions, development or exchanges. Final acquisition, sale and leasing decisions are made after a thorough review of circumstances affecting the property and the status of the real estate market in the area at the time.
Juneau: Subport Parcel, Egan Drive & S Whittier Street. Juneau Subport
Anchorage: UMED Development Parcel, NE Corner of 40th & Laurel Street. C2-UMED
Anchorage: Downtown Development Parcel, 5 Contiguous Lots Forming the Southwest Corner of W. 7th & L Street. L Street
Anchorage: UMED Development Parcel, NW Corner of Northern Lights Blvd & Bragaw Street. CPL-UMED