Overview
A high conviction, value-add strategy focused on retail in dynamic, high barrier to entry neighborhoods, convenient to where consumers live and work.
Key features
- A demographically driven strategy, focused on open-air retail catered to convenience and value-oriented shopping habits of the modern consumer.
- Lifestyles, word habits and demographics evolves, causing consumers to prioritize convenience which benefits neighborhood retail. A focus on 'value shopping' is driving success for well-positioned and strategically merchandised power centers.
- Markets with high barrier to entry and limited supply of well-merchandised, well-capitalized real estate, that can be acquired at a discount to replacement cost.
- Deal profiles include unanchored strip centers, community and power centers, and grocery anchored assets. These properties offer steady income with potential for growth through capital improvements and better merchandising of undervalued or underused assets.
