Retail

Opportunistic

A portfolio of 12 luxury retail properties with over 40k SF of GLA

IRR
25%
Space
40 000 sqft
Year invested
2021
Palm Beach, FL
Details
  • A portfolio of 12 luxury retail properties with over 40k SF of GLA
  • Business plan focuses on reestablishment of tenant relations and light property renovation
  • Within the first year of ownership an increase of occupancy from ~70% to above 90% was achieved with all rents in line or above the business plan

Opportunistic

A mixed use commercial and residential development

IRR
25%
Year invested
2021
Naples, Fl
Details
  • A mixed use commercial and residential development
  • ~70% of retail space was preleased prior to the city council approval
  • Additional upside from density increase is expected
  • All strategies
  • Opportunistic