Acquisitions
Target Markets:
Raleigh, North Carolina; Tampa, Florida; Orlando, Florida; Nashville, Tennessee; Charlotte, North Carolina; Columbus, Ohio
Raleigh
North Carolina
Tampa
Florida
Orlando
Florida
Nashville
Tennessee
Charlotte
North Carolina
Columbus
Ohio
Net Rentable Square Feet
Size – 75,000 or more net rentable square feet
Tenant Profile – Multi-tenant (no single-tenant buildings) with a diverse tenant mix
Value-Add Opportunity – Leasing costs expected to be low on both an absolute and relative basis. Capacity to add certain amenities that are attractive to Millennials and require minimal capital expenditures, such as common-area WiFi, LED lighting, small cafes and food kiosks, and outdoor areas that often include seating, fire pits or bocce ball courts
Tenant Turnover – Approximately 20% – 30% annual rent rollover
Target Pricing – Approximately 20% – 40% below projected construction costs
Head of Acquisitions
To speak with the Head of Acquisitions, please contact:
Jarrett King at: jking@priamcap.com
Disclaimer
Under no circumstances should any information presented on this website be construed as an offer to sell, or solicitation of an offer to purchase any securities or other investments. This website does not contain the information that an investor should consider or evaluate to make a potential investment. Other materials related to investments in entities managed by Priam Properties Inc. are not available to the general public.