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We are presently
searching for commercail properties throughout the regions of southern
United States and Eastern Canada.
We have set
forth certain criteria for any aquisition which are detailed as
follows:
-Properties
to be a minimum class "B" quality
-Minimum 50,000 square feet GLA for both industrial and retail.
Office properties to contain a minimum of 30,000 square feet GLA.
-Cap rates at 11% or better, or reasonable cash on cash return based
on income in place with upside potential through vacancy factors
and lease rollovers.
-Good parking ratios, traffic counts and access.
As investors able to
conduct quick and thorough analysis together with a reputation as
closers, we look forward to receiving properties for potential acquisition.
Please
contact rblatt@precise-property.com or bschreiber@precise-property.com to discuss any opportunities that you may have.
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