As a full-service commercial real estate firm, we know an opportunity when we see one. At Sembler, we enter negotiations with deep resources – including the industry’s best leasing, property management and redevelopment teams, all in-house, primed to hit the ground running.
WE COME TO CLOSE
Naples Lakes Villages Center
8585 Collier Blvd, Naples, Florida 34114
Naples Lakes Village Center is located within the Naples-Marco Island MSA, an upper-income, rapidly-growing trade area in East Naples. The center is 59,863 SF and is anchored by Publix.
2090 Baker Rd, Kennesaw, Georgia 30144
Kenesaw Walk is a 68,744 SF neighborhood center anchored by Publix. The center serves the surrounding bedroom communities, popular for commuters traveling from the Cumberland, Buckhead, Central Perimeter, and Midtown office submarkets.
Centre at Culpeper
13193 Mountanus Dr Culpeper, VA 22701
Centre at Culpeper is a 72,869 SF center located in Culpeper, VA. It is anchored by Aldi, with a strong collection of local and national tenants in inline spaces. Located at the high-visibility corner of Montanus Dr and Brandy Rd
4304 Summer Ave, Memphis, TN 38122
Summer Center is a Kroger/Ross-anchored neighborhood center located along Summer Avenue in Memphis, TN. The surrounding community is revitalizing, and with 15,000 SF of vacancy at purchase, the center is positioned for growth.
What We Buy
- Location: Southeastern United States (Texas to Virginia) and Puerto Rico
- Property Type: Community centers that offer necessity and value-oriented products and services, preferably grocery-anchored
- Property Size: 50,000 SF or more
- Deal Focus: Value-add properties that are well-positioned for redevelopment incremental leasing, and/or physical enhancement
- Financial Criteria: Stabilized unleveraged yield of 7.5% or more, with maximum investment of $30 mil