Acquisition Criteria

 

Criteria for purchasing real estate:

  • Top 50 MSAs in the Unites States; populations of 1,000,000+
  • Minimum 50,000 rsf; smaller stores if expandable 
  • Class A properties 
  • Well-located stores with visibility from major roads

We acquire real estate at all stages:

  • Land Development: Vacant land without entitlements or entitled land 
  • Conversions/Big Box Retail: Existing buildings with conversion opportunity 
  • Un-Stabilized Stores: Stores 0%-80% occupied 
  • Value-Add Stores: Stores requiring significant capital improvement investment and/or properties with expansion opportunities
  • Distressed/Short Sales/Note Sales: We purchase bank notes from lenders; work with owners and their lenders to acquire short sales and other types of distressed properties
  • Core Stores: Stabilized stores that are 80%+ occupied

Metro national platform