DEAL
SIZE
• 3 – 35million in deal size
• Individual assets or portfolios will be considered
(no NNN properties)
DESIRED MARKETS CONSIDERED
•
Tennessee
• Raleigh, NC
• Greensboro, NC
• Winston Salem, NC
• Ashville, NC
• Louisville, KY
|
•
Lexington, KY
• Bowling Green, KY
• Tampa, FL
• Orlando, FL
• South Florida
|
ASSET
CLASS
• Some core assets comprised of proven “A”
or “B” type community or neighborhood centers
with upside potential through releasing and/or redevelopments.
• Value add opportunities would be considered if clearly
defined as to how to achieve the value add component (i.e.
their must be a compelling case to be made).
RETURNS
• Returns will be market driven.
• Preference to opportunities where new debt can be
placed to gain attractive leverage.
• Market debt will be considered. Above market debt
will be considered if pricing reflects the above market
situation.
GENERAL
NOTES
• Brokers protected with off-market opportunities
• Median HH incomes should be $ 50,000 with average
HH incomes exceeding $ 60,000
• Centers must be located in mature or growing sub-markets
•
There must be a compelling story as to why their center
should be purchased
Submit
proposals to: Allen C. McDonald, CCIM
615.627.3972, phone
615.373.9542, facsimile
allenmcdonald@bsmproperties.com