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Grocery & Essential Retail
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Strong Locations
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Upside Potential

Acquisition Criteria

Minimum Transaction Size


Asset Type

Open-air neighborhood and community shopping centers primarily anchored by grocery and other essential use retailers. Additional emphasis on long-term repositioning or densification opportunities.

Risk Profile

Core-plus and “light” value-add.


We pursue best-in-submarket locations: timeless corners, high traffic thoroughfares, excellent or great locations in the primary retail corridor(s) with easy site access and strong visibility.


Technology employment hubs and/or higher education centers with increasing populations and incomes, compelling job growth, and strong economic drivers.

Return Expectations

Highly focused on current, sustainable and increasing cash flows. We solve for risk-adjusted, stabilized yield-on-cost returns of 7% or higher.

Acquisitions Team Contacts

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Michael Jacoby
Chairman of the Board/Chief Executive Officer
(301) 828-1202

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Joe McGarry
Senior Financial Analyst, Capital Markets


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(301) 828-1200
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(202) 844-4088
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