For Building #1: My office was actually part of a strip center that had multiple national tenants. The anchor store is a large grocery store, Giant Eagle. At the end of my 5 years lease, I decided to purchase an outparcel that is on the main street, which the traffic to the plaza is using. I purchased 0.6 acre lot, financed it with 0% down at low interest rate (4%) with LiveOak bank. The building size is 4,000 sft, half of which is the dental office, the other half T-Mobile wireless. During the construction period, I had a "coming soon" sign with a rendering of the building on it. T-Mobile came along and committed to the lease.
Building #2: Most of the tenants, including my office was leasing the spaces from a previous owner. I did acquisition purchase through United Community Bank, also 4% rate. The cap rate was 7%, plus I saw myself in this area in the long term, so it made sense to buy the building with high other quality tenants already secured. The previous owner of the building didn't want to sell the building. He was very reluctant at first, but after being persistent and using a good agent, the deal came through at a fair price.