Acquisitions
We are actively pursuing new properties that meet our criteria and believe that our relationships and network fundamentally help drive our success. We are always looking to build new connections with owners and brokers so we wanted to share our retail investment criteria with you and always appreciate your sending us 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
-
David Pierce
VP of Acquisitions
-
Cordelia Hogan
Sr. Acquisitions Associate
-
Jordan Pierce
Acquisitions Associate
-
Marc Ifrah
Acquisitions Associate