Urban retail acquisitions guidelines
Geographic Guidelines
- Boston, MA
- Chicago, IL
- Miami, FL
- New York City (Manhattan, Queens, Brooklyn, Bronx)
- Philadelphia, PA
- San Francisco, CA
- Seattle, WA
- Washington, DC
- Affluent suburbs outside of major national markets
Property Type
- Single Asset or Portfolios (operating companies)
- Existing property only (no development)
- Strong city center and affluent suburban "main street" locations
- $5.0 MM minimum purchase price; no maximum size
- Value enhancement and turn-around opportunities
- Well-leased core assets
- No age limitations
Acquisition Type
- All cash or with financing
- Work-outs
- Purchase of debt
- Fee simple, leasehold or condominium interest
- Partnership interests with or without management control
