Property Type: Community Centered Properties which we define as visibly located properties in established or developing, culturally diverse neighborhoods. We seek income producing, community oriented retail and mixed-use properties with upside potential.
Location: In densely populated, well located areas with opportunistic and value-added potential in the following markets: Houston, Chicago, Dallas metropolitan area and Phoenix/Scottsdale.
Geography: Primarily in and around Phoenix, Chicago, Dallas, San Antonio, Austin, and Houston MSA’s, five of the top 15 markets in the USA in terms of population growth. We may also pursue opportunities in other Southwestern and Western regions that are consistent with our Community Centered Property strategy.
Size: 50,000 - 200,000 SF of owned GLA.
Allocation: $5 million tp $180 million.
Tenant Mix: Tenants that serve the needs of the community.
Value-Add Potential: Vacancy, growing market rents, vacant land to build on, under-managed, renovation potential.
Financing: All cash or operating units, assume existing debt, Joint Venture financing, as well as alternate financing structures.