ACQUISITION
When selling your commercial property, you’re not just looking for any buyer. You want a buyer who understands the process, a buyer who has the ability to close on a major transaction in a timely manner. Joseph Companies are the partner you’re looking for in your real estate transaction.
ACQUISITION CRITERIA
PROPERTY TYPE
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Single tenant, free standing
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Retail strip centers
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Industrial flex
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Deal Criteria
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Typical deal size ranges from $1,000,000 - $5,000,000.
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Well positioned ground leases and triple net deals with low rents.
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Stabilized retail strip centers and industrial flex buildings with low rents
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Value add component of strip centers and industrial flex with strong locations that have occupancy of 50% or greater.
TENANCY
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National, Regional, and local tenants
GEOGRAPHIC AREA
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Typically midwestern states (Indiana, Missouri, Iowa, Illinois and Wisconsin)
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High growth markets with strong fundamentals with a focus in (Florida, Texas, Minnesota, Tennessee and Arizona).
DEBT STRUCTURE
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Typical deal is 50% cash with in house private funding and 50% debt
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Joint venture and other participating investors will be considered
RECENT ACQUISITIONS
VERIZON
TAMPA, FL
AUTO ZONE
SOUTH BEND, IN
NTB
HOUSTON, TX