Acquisitions

Property Acquisition

We are constantly looking to acquire properties that fit the following requirements:

  • A single story shopping center
  • Located in a stable area and/or an area with growth potential
  • Priced from $5,000,000 to $20,000,000
  • Prefer dealing with principals but will consider broker represented properties as well

If a property meets the above criteria, we start with a letter of intent, move on to a purchase agreement, and then on to closing. A closing under normal circumstances usually takes place 90 days after full execution of the purchase agreement.

Please feel confident that your property will be treated confidentially, and we will be happy to sign a confidentiality agreement before receiving any information.

BANK LETTERS PROVIDED UPON REQUEST