Call Us: (614) 824-2900

Acquisitions

Stanbery Development is actively seeking opportunities to acquire shopping centers and mixed use properties which are in need of repositioning, as well as land on which to develop retail driven mixed-use projects. The general acquisition criteria include, but are not limited to:

SHOPPING CENTERS
Anchored or non-anchored neighborhood/community centers, power centers and lifestyle centers
with minimum of 50,000 sqft, that are market dominant by tenancy and/or location. The ability to enhance
property value through recapitalization, expansion, re-merchandising or redevelopment, during a holding period
of three to seven years, is required. The “value add” criteria include: substantial vacancy, near term rollover,
loss of an anchor, or significant capital expenditure required for remerchandising and/or rehabilitation.

GEOGRAPHY
Main concentrations are core, secondary, and selective tertiary markets
in the eastern half of the United States. Areas of priority include:
Mid-Atlantic: New Jersey, Philadelphia, Baltimore, Richmond
Florida: West Palm, Broward, Dade Counties, Ft. Myers/Naples, Orlando
Southeast: Charlotte, Nashville
West: Denver, San Antonio, Austin

INVESTMENT SIZE
$10,000,000–$80,000,000

OUR TEAM
Unrestricted by institutional processes, with an ability to creatively work through acquisition issues,
our team will respond quickly to new opportunities. To submit a property for our consideration,
including those that may not meet the above criteria, please either call or e-mail:

Marc Hays | mhays@stanbery.com | 216.577.6851
Jon Meyer | jmeyer@stanbery.com | 614.824.2910
Brandon Nutting | bnutting@stanbery.com | 614.824.2912