INVESTMENT FOCUS
We specialize in commercial real estate properties that are too large for local investors yet too small for institutional landlords, focusing on Class B & C centers outside major metro markets. Many property owners lack the vision or resources to reposition their assets effectively. Our strategy capitalizes on predictable capital expenses and the high demand for tenant spaces sized 20k-40k SF, which are scarce.
Supply & Demand
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Demand is outpacing supply.
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Since 2019, new supply has sharply declined due to COVID-19.
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Recovery has been hindered by soaring construction costs, ongoing supply chain disruptions, and steep interest rate increases.
Niche Deal Size
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Class B & C centers in the 200,000 SF+/- with high vacancy rates and deferred maintenance require significant repositioning.
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Tertiary market locations dissuade large national developers from investing.
Predictable Capital Expenses
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Minimal investment needed for cosmetic repairs and modernizations.
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Major expenses like roofs, parking lots, and lighting are foreseeable.