Why Retail
The Fund Manager’s investment strategy and acquisition criteria acknowledge the recent change in consumer buying habits from bricks and mortar to e-commerce.
What About Online Retail
Retail centers fill basic consumer needs by providing an easy way to access the products and services needed every day. Today, centers are leasing to tenants that merge convenience with destination and services that typically require close proximity to their consumer base.
The Fund targets retail centers with a tenant mix that predominately provides products and services that are not typically available through Amazon or other internet distribution platforms. Some examples include: restaurants, grooming services, mattress stores, fitness centers, cell phone stores among others.
Target Rich Environment
Retail centers are ubiquitous, with more than 110,000 centers in the United States. The Fund Manager will selectively choose centers from a large inventory of “GAP” properties regularly coming on the market at any given time.