Acquisition Criteria

 

Development

• Industrial - Land tracts of 50-300 acres

• Retail - High visibility retail frontage sites, raw land or adaptive re-use

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Value Add Existing Assets

Value-Add Multi-Tenant

Office, Industrial, Flex, Retail

$2M - $20M Acquisition

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Secondary and tertiary markets

• College towns, state capitals

• Substantial employment base

• Positive trending demographics

• Diverse industry demand drivers

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Significant upside in driving occupancy and rental rates

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Assets requiring significant capex

• Common area upgrades

• Roof and building envelope

• Building mechanicals

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Stabilized Assets

• Deal Size: $5M - 30M

• Property Type: single story office, flex, R&D, or light industrial

• Tenancy: Minimum of ten tenants, no single tenant comprising more than 20% of revenue

• Strong market fundamentals

• Proven history of high occupancy and low re-tenant costs