Berengaria Development is actively pursuing regional multi-tenant retail shopping centers throughout many Midwest markets with attractive risk-adjusted returns. We employ a dual focused strategy on both value-add and stabilized centers.
Property Type: Open-Air Multi-Tenant Retail
Size: 60,000 square feet or larger
Investment: $10 million - $40 million
Tenant Mix: minimum of 75% of NOI from ‘National’ or ‘Regional’ credit
Will consider value-add opportunities that require redevelopment, re-tenanting or ground-up development.