ACQUISITION CRITERIA

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

  • Location: Midwest

  • 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.

 

 

RETAIL PROPERTIES

TARGET MARKET: MIDWEST

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