Criteria for Square Storage Re-Development Acquisitions:

• Type: Freestanding, Neighborhood, Community and Regional Retail Properties ranging from 40,000 to 300,000 SF (GLA).
• At least (1) dark anchor box in the property with a minimum 40,000 contiguous square feet available.

If Dark Anchor Space is 40,000 to 60,000 SF, all or most of the building must be at least 18’ in height (clear-height) from the finished floor (f.f.e) to the bottom of the roof deck (preferably to the bottom of the ceiling joists).

If Dark Anchor Space is >70,000 SF, building height is less relevant for our concept and developments.

• Type: Flex, R&D and Light Industrial Buildings of at least 40,000 SF (GLA) (preferably freestanding).
• Minimum clear height elevation of 18’ in warehouse areas of the building.
• Land Size: 3 acres and up in total land size; we see expansion land as “a plus”.
• Parking Fields: Ample parking spaces meeting code requirements for the area.

At least 20,000 square feet with extra land to expand to 50,000 square feet+.

50,000 square feet plus properties that need updating.

Mom and Pop properties are welcome with poor management and books.

Areas: Typically, city population size of 50,000 people and greater; the denser, the better.

Minimum Market Area Population of 25,000 people in the property’s primary trade area,

1-3 Mile Incomes of not less than 75% of the market’s/region’s Median Income Level (typical $50K/Year Income/Household and higher),