Acquisition Criteria

Acquisition Size

  • Transaction values (including equity and debt capitalization) range from $2 million to $50 million
  • Typically 50,000 square feet or larger

Targeted Investments

  • Anchored, shadow-anchored, neighborhood or regional shopping centers
  • Sub-performing or non-performing loans secured by retail properties
  • Individual deals and/or portfolios

Property Characteristics

  • Class A and B and Value-add opportunities
  • Assets with expiring debt, below market rents, co-tenancy issues, vacant anchors, or similar distress
  • Stabilized properties with motivated sellers
  • Opportunity to purchase below replacement cost, preferably in markets with high barriers to entry
  • Redevelopment and repositioning opportunities and Excess land and/or outparcels

Deal Structures

  • All cash, Assume existing debt, Seller financing
  • Joint-venture
  • Purchase of distressed debt and Tax deferred structures

For all acquisitions inquiries, please contact Robert Truett