We Seek Specific Fundamentals

Kentro Group actively pursues core grocery-anchored shopping centers and select urban infill land in high-barrier entry markets and developing neighborhoods. Consideration is also provided for acquisitions that enable value creation via repositioning, re-tenanting and thoughtful redevelopment.

Preferred Properties:

• Institutional-grade assets comprised of long-term lease retail market leaders
• Power and Community grocery-anchored retail centers
• Daily-use and street retail with potential for value-added redevelopment

Size:

• Max purchase, per acquisition: $45mm
• Square footage: 75,000 (min) – 300,000 (max)

Location:

• Infill mature trade areas, MSAs: Denver, Nashville, Austin, Salt Lake City, Omaha, Portland, Seattle, Los Angeles, Orange County,Tampa, Orlando, Columbus, Chicago.
• Situated on major arteries or with highway visibility

Income:

• Average HHI, 1 – 3 miles > $75K

Population:

• 1-mile population > 10K*
• 3-mile population > 100K
• 5-mile population > 200K

*Population can be less if HHI > $100K