Broad Reach Retail Partners is excited to share that we have successfully raised capital for, and closed on our latest investment opportunity, Broad Reach Retail Partners Shopping Center Fund III, LLC.
With equity to deploy, Broad Reach remains an active buyer of grocery-anchored shopping centers. Please don’t hesitate to reach out to our Acquisitions team with opportunities that fit our criteria.
Broad Reach Retail Acquisition Criteria:
- Grocery, Walmart or Target Anchored
- Strong Grocer Sales
- 15%+ Vacancy
- 7.0%+ Cap Rates
- Generally $5M – $50M (Single assets)
- Portfolios Wanted
- Primary, Secondary and Tertiary Markets Considered
- Preference for Northeast, Southeast, Mid-Atlantic and Midwest
Broad Reach Retail Acquisitions Team:
Nathan S. McKay