We form stategic partnerships with quality investors for our retail acquisitions and developments. Almost all of our properties, which total over 1.5 million square feet, have been owned with partners, most commonly in limited liability companies or as tenants-in-common.
While we seek the input of our partners for all major decisions, once a property business plan is in place our expertise and experienced staff are utilized on a daily basis to insure the smooth operation and maximized value of all of the properties we invest in.
We are disciplined opportunists. We seek investment-worthy suburban retail and office properties that offer upside through a combination of enlightened repositioning, leasing and management.
Our focus is retail properties larger than 50,000 square feet which require total equity between $2 million and $15 million per project. We prefer suburban retail properties in growing trade areas, but will consider other investment property classes, and markets in neighboring states, on a case-by-case basis.