We are looking for neighborhood retail shopping centers and self-storage facilities, generally between $1 million and $15 million, in Rhode Island, Massachusetts, Connecticut and California's Central Coast. Stabilized or messy, fully leased or half empty, we are interested if the location and the bones are right.
We buy with our own capital. There is no syndication to assemble, no lender contingency to hide behind and no retrade at the end. We can walk a property and give you a real number within days, and we typically close in 45 to 60 days, or faster if you need it. If you would rather keep a piece, we have done partnership deals before and are open to structures that fit your tax and estate situation.
Because we operate what we buy, we underwrite like an owner, not like a fund. We know what a roof costs, what a storage facility's real occupancy looks like, and which tenants stay. That means fewer surprises in diligence and a price we can actually stand behind.
Send us the address and whatever you have on hand: a rent roll, the last year of operating statements, or nothing at all. We will come back with a straight answer and, if it is not a fit for us, an honest opinion about what it is worth and who might want it.
