Category: Retail

Property details

Monroeville, Pennsylvania

Miracle Mile Shopping Center

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2017

Investment Summary

Syndicated invested alongside M&J Wilkow in the acquisition of Miracle Mile, 298,694 square feet, regional shopping center. Situated on 29.46 acres, the Property was originally developed in 1954 but underwent major renovations in 2006.

The Property is accessible via William Penn Highway (US Business Route 22) which, at the nearest intersection less than half a mile away, has average daily traffic counts of approximately 19,500 vehicles.

Property details

Pittsburgh, Pennsylvania

Plaza at the Pointe

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Syndicated invested alongside M&J Wilkow in Plaza at the Pointe, an established regional shopping center consisting of 149,943 square feet and 581 parking spaces (3.9/1,000 square feet).

Built in 1998, the property is situated on 14.19 acres and benefits from its proximity to major national retailers and I-376, which has average daily traffic counts above 55,000 vehicles. The property is accessible via Summit Park Drive, which accommodates more than 24,000 vehicles daily. Downtown Pittsburgh is approximately seven miles east, and the Pittsburgh International Airport is eight miles northwest.

Property details

Chicago, ILlinois

River North Retail Development

Investment type

Development

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2016

Investment Summary

Wells & Huron is an 18,240 square foot retail redevelopment along an established corridor in Chicago’s River North neighborhood. The property is currently improved with a 16,500 square foot multi-tenant structure.

Syndicated invested alongside a joint venture comprised of MAC Management and Northpond, to acquire and redevelop the property. .

Property details

Moorestown, New jersey

East Gate Square

Investment type

Value Add

Asset Class

Retail

Ownership Structure

Joint Venture

Year Acquired

2015

Investment Summary

Syndicated invested alongside M&J Wilkow in East Gate Square, an approximately 772,000 square foot, open-air shopping center consisting of six phases, which were developed between 1994 and 2002. The property was leased to 60 tenants at the time of acquisition including national credit, regional and chain tenants.

The property is situated in Moorestown, New Jersey (suburban Philadelphia) with direct access from Interstate 295, which sees approximately 96,000 vehicles pass by each day.

Property details

Lincolnwood, ILlinois

Lincolnwood Retail Center

Investment type

Net Lease

Asset Class

Retail

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2013

Investment Summary

The property consists of two two-tenant retail properties leased to Verizon, Five Guys, Holy Buckets, and Vitamin Shoppe. The property is located at the intersection of West Touhy Avenue and McCormick Boulevard on an outlot to Lincolnwood Town Center, a 400,000 square foot shopping center.

Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.