VALUE ADDED ACQUISITIONS

48 Hour Response Requires Due Diligence Items:

• Copies of leases and current estoppels
• Clean environmental (current Phase 1 report)
• Clean title (and underlying documents) and current survey

Markets

• Arizona
• California
• Colorado
• Nevada
• Oregon
• Texas
• Utah
• Washington

Product Types

• Retail (20,000 sf or greater)
• Warehouse/Industrial (50,000 sf or greater)
• Multi -family (100 units or more)
• Office (25,000 sf or greater)
• Performing and non -performing notes
• Ground Lease Fee Positions (Nationwide)

Brokers Protected

Flexible terms to fit seller’s needs

Transaction size:

• Up to $100 million

GROUND LEASE AND SHORT-TERM NET LEASE ACQUISITION CRITERIA

Investment Types:

• Industrial, Office, Medical Office, Retail, Hospitality

Acquisition Parameters:

• Ground Leases
  • Long-term – 50+ years
  • Annual or periodic rent escalations; periodic CPI adjustments
  • NNN structures
  • Existing leases or ability to separate into fee and leasehold positions
• Short-term Single Tenant Leases
  • 1-7 years remaining
  • Preference for rents and price/sf at or below market/replacement cost
  • NNN or NN lease structures
  • High probability of existing tenant renewal
  • Existing or short-term sale-leasebacks will be considered

Geographic Preference:

• National with a preference for Western part of the country

Transaction Size (per property):

• $5,000,000 – $50,000,000, larger transactions will be considered

Closing:

• All cash or assumption of favorable financing
• Can close in 10 days on acquisitions up to $20,000,000 and within 30 days for larger transactions