RETAIL CRITERIA

We typically look for non-anchored neighborhood and community retail centers in major metropolitan areas within Texas. We prefer value added, multi-tenant opportunities. First and foremost, when analyzing an acquisition of an existing retail project, we assess location and viability of the underlying real estate as well as the cost relatively to replacement.

TYPE

  • Non-anchored community, neighborhood, infill power shopping center 5,000 to 150,000 square feet

  • Single or multi-tenant redevelopment opportunities

  • Preference for properties where we can add value through lease-up, repositioning, and / or renovation 

  • Trade area with a minimum population of 100,000

  • Located near or at a major intersection of two thoroughfares 


OFFICE CRITERIA

We seek Class A, B and C, multi-tenant office buildings in first and second tier markets throughout Texas. We focus primarily in the Greater Houston Area and acquire leased, under-leased or empty properties. We prefer value added, multi-tenant opportunities with little exposure to few tenants. First and foremost, when analyzing an acquisition of an existing office project, we assess location and viability of the underlying real estate as well as the cost relatively to replacement.

TYPE

  • Multi-tenant in well-occupied submarkets

  • Preference for properties where we can add value through lease-up, renovation, or repositioning 

  • Trade area with a minimum population of 1,000,000

  • Located near or at a major intersection of two thoroughfares 


INDUSTRIAL CRITERIA

We seek Class B and C, multi-tenant industrial or flex projects in first and second tier markets throughout Texas. We focus primarily in the Greater Houston Area and acquire leased or under-leased properties. We prefer value added, multi-tenant opportunities with little exposure to few tenants. First and foremost, when analyzing an acquisition of an existing industrial project, we assess location and viability of the underlying real estate as well as the cost relatively to replacement.

TYPE

  • Light industrial with less than 25% office build-out

  • Flex projects located on that could be used for future development of higher and better use

  • Preference for properties where we can add value through lease-up, remerchandising, renovation 

  • Trade area with a minimum population of 1,000,000

  • Located near or at a major intersection of two thoroughfares 

GEOGRAPHIC PREFERENCE

  • Mature and / or up-and-coming markets

  • Densely populated markets on major streets

  • Covered land play opportunities