As a largely value-add investor, we reposition and exit assets on a stabilized basis to offer others the opportunity to acquire and hold cash-flowing assets that are often the some of the most competitive, well-positioned assets in their respective submarkets. For more information on the assets listed below please contact Jonathan Cohen at firstname.lastname@example.org or 212-659-6229
Shops Under Target
Total GLA – 16,000 SF
This High Street property is located less than one mile from the Stamford Amtrak train station, which is a 45-minutes train ride from Grand Central Terminal, NYC.
Shops Under Target is a 16,000 SF ground floor retail condominium located in downtown Stamford, CT. The property was constructed in 2004, and is currently 100% occupied. Tenants include Citi Bank, Phenix Salon Suites, and The Wayne Steakhouse.
Strong Submarket: The demographics in the area are strong with a population of over 170k, and an average HH income of over $140k within a 5-mile radius. The submarket retail vacancy is tight at 2.9%
Turlock Town Center
Total SF – 102,328 RSF
Turlock Town Center is a community shopping center located in Turlock, CA. Constructed in 1986, the center consist of 29 retail suites, co-anchored by 99 Cents Only and Rite Aid.
Ideal Location: Historically it has been one of the busiest centers in Turlock located at the intersection of two highly trafficked streets, with two signalized intersections, and 4 points of ingress/egress to the center.
Total RSF -33,359
Visalia Pavilion is a community shopping center located in Visalia, CA. Built in 2007 the property is located 40 miles south of Fresno. The property is shadow-anchored by regional grocer, Winco, and the property is occupied with national tenants such as T-Mobile, Subway, and a drive-thru installed Starbucks.
Strong Submarket: The property is located in a very dense neighborhood, which has over 130k people within a 5-mile radius. The retail vacancy is approximately 6.7% within a 5-mile radius!
555 west 59th St
Total SF – 40,568 RSF & Garage
The property is located on the north side of West 55th Street between Amsterdam and West End Avenues. The block through frontage offers significant retail exposure, with below grade space as well. The retail condominium is currently 100% occupied, but has a 5,000 sf space maturing soon. This vacancy will allow for higher market rates which will further increase cash flow.
Ideal Location: Situated in the heart of Midtown West’s most anticipated development projects. This Retail condominium is with walking distance to several subway stops including the A, B, C, D, and 1 Lines.
Etowah Crossings Shopping center
Total SF – 43,030 RSF
Etowah Crossings Shopping Center and the neighboring Walmart Supercenter opened in July 2005. The Property is 67% occupied and anchored by Dollar Tree, a publicly traded credit tenant. Other tenants include Verizon and Dominos.
Ideal Location: The property is located at a high traffic exchange between Interstate 59 and Gilbert Ferry road. The property’s prime location in the retail corridor across from a Walmart Supercenter attracts a high volume of customers daily.
Total SF – 97,271
Penn’s Purchase is a 51% occupied retail outlet center which offers a significant re-merchandising and/or redevelopment opportunity to investors. Located in Buckingham Township, Pennsylvania, one of the most affluent suburbs of Greater Philadelphia, with 1-mile average household incomes exceeding $160,000, the Property is ideally positioned to attract significant commercial and residential interest
Penn’s Purchase represents irreplaceable real estate that has the ability to generate exponential income growth and is a true value-add opportunity in a premium location