We're Shopping For Acquisition Opportunities!

Overview

 

We are currently seeking opportunities to acquire core, core+ and value-add retail, office and commercial income producing properties in the New England region.

 

We pursue a dual investment strategy, focusing on both opportunistic/value-add and core/stabilized asset acquisitions where we can add value through lease-up, re-merchandising, renovation, additional building, etc.

 

Deals are structured with consideration to the needs of the seller, including tax-deferment or sale-leaseback. By selling the property and building to Demayo Properties, and then leasing it back from us, businesses are able to redeploy the proceeds into their company’s core operation and yield a higher return than they would get from owning their own real estate.

 

Our pursuits are aimed at the following real estate types and parameters:

 

Acquisition Criteria

 

Property Type:

• Anchored or unanchored neighborhood and community retail properties in strong trade areas with nationally & regionally recognized tenants and with good visibility & easy access 

• Free-standing single tenant triple-net properties located at a major intersection of one but preferably two thoroughfares

• Office buildings with strong preference for Medical facilities in strategic locations

• Preference toward class A and B properties

• 3 Mile population of 30,000 people or greater. Will consider smaller markets depending on the quality of the asset, area demographics, and strategic value to Demayo Properties.

• Median household income > $65K+ 

• Net lease properties preferred

 

Investment Size:

• $1 million minimum size

• 10,000 SF minimum size, 25,000 plus SF preferred

 

Geographic Area:

• Focus on secondary and tertiary markets in the New England Region

 

Deal Structure:

• Flexibility to meet Seller's needs with ability to close quickly

• Outright purchase, existing debt assumptions, joint ventures, sale-leaseback transactions, partial interests, profits participation, build-to-suits, forward commitments.

 

Type of Deals:

• Core, Core Plus and Value-Add properties

• Priced below replacement cost and offer potential for future upside

• Projects with excess land and/or outparcels

• Redevelopment and repositioning opportunities

• Stabilized properties with motivated seller with expiring debt or assuming above market existing debt

• Value creation opportunity through lease up for assets with above market vacancy, co-tenancy issues, vacant anchors, or similar distress

• Ground-up development and broken developments

• Long-term NNN leases with rental increases or short term leases at below market rents

• Environmental concerns, high redevelopment issues or tenant lease issues

• Capital deprived, deferred maintenance or rebranding opportunities

 

Submission Criteria:

  Detailed submissions should include the following for preliminary analysis:

• Property Description

• Price

• Leasing Plan

• Rent Roll

• Site Plan

• Demographic Information

• Three Years’ Major Tenant Sales Reports (if available)

• Current and Historical Operating Statements (previous year and TD profit and loss statement)

• Any Existing Loan Information

• Location Maps

• Photos (preferably an aerial)

• Competition Map (if available)

 

 

For acquisition information, please contact:

 

George Flevotomos 413-519-9790 or email george@demayoproperties.com