BiggerPockets

I am on the hunt for property for an investor. This investor needs to purchase up to $50,000,000 in properties before the end of the year. They close quickly, and with all cash.

Please see the acquisition criteria below. If you have or know of a property that fits this criteria, please contact me with as much information on the property as possible. Feel free to preempt any information with a Non-disclosure/confidentiality agreement. All referral fees and commissions are negotiable.

If you can hit 7 out of 10 requirements, please let me know as the requirements are guidelines not rules.

States of interest:

Alabama, Arkansas, Arizona, California, Colorado, Florida, Georgia, Idaho, Kansas, Louisiana, Nevada, New Mexico, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Utah, Virginia, Washington.

Acquisition Criteria

Industrial Properties:

Size: 100,000 s.f. to 500,000 s.f.
Type: Class A, B, and distribution
Location: Industrial park, easy access
Vacancy: 50% vacant or more
Price: $25.00 p.s.f or lower. Prefer $10.00 to $20.00 p.s.f
Market: Improving fundamentals with a maximum of 20% vacancy
Construction: Block, brick or tilt-up (prefer no metal buildings)
Ceiling: 20' minimum
Site: Adequate dock doors & truck apron
Seller: Motivated to distressed

Office:

Size: 50,000 s.f. and larger
Type: Class A or B
Location: C.B.D. (central business district), Suburban, office park.
Vacancy: 50% Vacant or more
Price: $100.00 p.s.f. max, Prefer $40.00 to $80.00 p.s.f.
Market: Improving fundamentals with maximum 20% vacancy
Design: Brick, glass, attractive
Parking: Covered garage or adequate surface spaces
Access: Visible, easy access from artery
Seller: Motivated to distressed

Retail:

Size: 50,000 s.f. and larger
Type: Big Box, neighborhood center or community center
Location: Artery road, corner, signal
Vacancy: 50% vacancy or more
Price: $100.00 p.s.f. Max. Prefer High cap rate.
Market: Retail area, vibrant, growing
Demographics: 50,000 population, 30,000 vehicles per day, $50,000 average household income.
Design: One Story, good parking, easy loading
Site: Level,multiple entrances, pylon sign
Seller: Motivated to distressed

Thank you for your time,
Blaine Wimberly
ERA Kennedy Group Realtors(r)

I have some stuff in Utah, feel free to email me