APG

Acquisitions

Gas-Lite_Retail.jpg

Acquisitions

Adams Property Group owns and operates a portfolio of multi-tenant shopping centers and self-storage facilities. We are aggressively seeking opportunities to expand our holdings. Always looking for new opportunities, our interests include raw land in high growth areas, value-added properties in need of physical and operational improvements, and stabilized assets. Adams Property Group is a nimble company with access to multiple sources of capital allowing efficient and clean transaction closings.

Retail Criteria

Property Type: 
Multi-tenant retail, both anchored and unanchored

Property Location: 
Growing suburban zones around metropolitan areas, including tertiary markets. Primary focus in the Southeast (SC, GA, NC, FL, TN and VA)

Property Size: 
20,000 SF – 250,000 SF

Acquisition Size:
$1,500,000 up to $20,000,000

Value Add: 
Needs compelling story/path to value creation

Occupancy Levels:
50% – 100%

Cap Rate:
Market and deal appropriate

Stabilized: 
Great locations with barriers to entry and solid tenants

Other Criteria:
Preferred Grocery Anchors include Lowes Foods, Bi-Lo, Food Lion & Winn Dixie

Self Storage Criteria

Property Type: 

Self Storage Facilities, Multi-use Properties, Flex Space, Warehouse Space, Vacant Land

Property Location: Growing suburban zones around metropolitan areas, including secondary & tertiary markets. Primary focus in the Southeast (SC, GA, NC, FL, TN and VA)

Property Size: 
20,000 SF – 250,000 SF

Acquisition Size:
$1,500,000 up to $10,000,000

Value Add: 

Needs compelling story/path to value creation

Occupancy Levels:

35% – 100%

Cap Rate:

Market and deal appropriate

Stabilized: 

Great locations with barriers to entry and solid tenants

Other Criteria:

  • Well-maintained facilities with little deferred maintenance

  • Low “Street Rates” relative to area competition

  • Barriers to entry through zoning, land prices/availability

  • Value-Add Component through raising rates, land for expansion and better management of delinquencies