Acquisitions

Our Strategy

We are actively pursuing new properties, and our primary focus is on multi-tenant neighborhood strip centers and multi-tenant industrial flex with NOI growth resulting from leasing vacant spaces and/or from built-in rent escalations and near-term lease expirations. We firmly believe that our relationships and network fundamentally help drive our success. We are always looking to build new connections with owners and brokers and appreciate receiving on and off-market opportunities.

Retail Target Criteria

Asset Type

Multi-Tenant Neighborhood Strip Centers (Anchored or Unanchored)

Asset Class

Class B Value-Add Properties with 6 or More Tenants

Purchase Price

$3-15 Million

Growth Potential

7.5% or Higher Initial Cap Rate, 10% or Higher 5-year NOI

Occupancy

80% or Higher

Geographic Focus

Southeast and Southern Midwest

Population

Stable or Growing 50,000+ within a 10-mile Radius

Acquisition Team

  • Tom Hahn

    President & CEO

  • David Pierce

    Chief Investment Officer

  • Cordelia Zerega

    Acquisitions Manager

  • Jordan Pierce

    Sr. Acquisitions Associate

  • Marc Ifrah

    Acquisitions Associate