Overview

We seek to acquire raw land for ground-up development as well as existing assets for redevelopment or repositioning. Redevelopment opportunities include existing retail centers and sites not being utilized to their full potential.

Our significant balance sheet allows us to provide all the capital required for both equity and construction. We are receptive to joint venture opportunities when the party’s strengths are complementary and the goals are the same. Our goal is to create an appropriate risk/return scenario for all involved.

Type:

• Anchored community, neighborhood, infill power shopping center and mixed-use
• Minimum of 50,000 SF; 100,000 plus SF preferred
• Multi-tenant including existing anchor stores (or facility which can accommodate this use)
• Minimum size investment: $15 million

Geography:

• Focus on West, Southwest, Southeast and Mid-Atlantic Regions
• Prefer major MSAs with minimum population of 750,000
• Infill and urban trade area with a minimum population of 70,000
• Located at a major intersection of two thoroughfares

Development is a localized business. Our twelve regional offices possess all the requisite disciplines required for a successful development, including professionals in development, construction, leasing and property management.

Offered Deal Structures

• All cash at closing, but willing to assume existing indebtedness
• Joint ventures with both institutional partners and local retail, multi-family and office developers
• Profit participations and Earn-Outs

West Alex

Alexandria, VA

West Alex is a mixed-use development located in Alexandria, VA. Click ‘Learn More’ for the Fact Sheet.

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