Acquistions | Adams Property Group

APG

Acquisitions

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