ACQUISITION CRITERIA

The members of First National Realty Partners Investment Committee are currently seeking acquisition targets and vetting transactions with the following criteria:

  • RETAIL
  • MULTI-FAMILY
  • INDUSTRIAL

Although we primarily look at deals within our own criteria, we are not adverse to looking at all types of deals.

  • Submit Deal

    Please Complete the Form Below to Submit Deals and/or contact information to Our Acquisitions Team

OUR TENANTS

RETAIL

  • Market Dominant Centers (#1 or #2) in their respective markets
  • Grocery Anchored, Value, Entertainment and Necessity Based Community Shopping Centers
  • Core, Core Plus and Light Value Add
  • National Credit Rated Tenants
  • Minimum Center size of 75,000 Square Feet
  • Minimum Average Household Incomes of $75,000 (3 Mile Radius)
  • Minimum Average Population Density of 70,000 Households (3 Mile Radius)
  • Strong Employment Growth within each Market
  • National Focus in both Core and Secondary Markets
  • Minimum Deal Size of $15,000,000

MULTI-FAMILY

  • Market Dominant Apartment Complexes (#1 or #2 within each sub market)
  • New(er) Construction – less than 10 years old
  • Focus on workforce housing and affordable luxury with amenity packages
  • Well located and proximate to major nodes of public transportation
  • Minimum Project Size of 100 apartment units
  • Strong Employment and Population Growth within each Sub Market
  • Minimum Average Household Income of $75,000 (3 Mile Radius)
  • Markets with Top Ranked Public School Systems
  • Lack of new supply and manageable forward development pipeline to limit competition

INDUSTRIAL

  • Single Tenant and Multi-Tenant Properties
  • Long Term in place leases with national credit tenants
  • Multiple Loading Docks to accommodate future tenants
  • Minimum Building Size of 150,000 square feet
  • Require Smaller Properties (less than 400K SF) to be within in 45 miles of major population centers to accommodate last mile delivery
  • Require Larger Properties (greater than 400K SF) to be proximate to major highway networks to support long haul distribution