Location: Well located, easily accessible, in the path of near-term future growth, or where improved accessibility can be provided by new improvements.

Occupancy: Fully occupied, partially occupied, or vacant properties will be considered. Additional criteria will be short-term leases, below market rents, and opportunities to improve tenant credit-worthiness.

Property Management: Properties where improved management can create value.

Tenancy: Opportunities where our efforts can increase tenants’ creditworthiness.

Marketing: Properties that have been poorly marketed.

Capital Improvements: Properties where capital improvements are necessary to improve competitiveness.

Repositioning: Opportunities where repositioning the property will improve value (e.g. industrial to office).

Replacement Cost: Existing buildings that can be purchased significantly below replacement cost.

Property Types

(not reflective of priority)

• Mixed Use
• Land
• Build-to-Suit
• Debt

• Office
• Flex
• Industrial/Warehouse
• Retail

Geographic Areas

Mid-Atlantic States with emphases on Central and Eastern Pennsylvania, Central and Southern New Jersey and Delaware.

Project Sizes

$2,000,000 – $10,000,000 in total cost per project.

Miscellaneous

Other important criteria considered when acquiring properties:

• CAP Rate
• Entitlements

• Location
• Replacement Cost