Retail with staying power
We acquire necessity-based retail in strong growth markets, then create value through operations, leasing, and disciplined capital investment.
Where we focus capital
Grocery-anchored, non-anchored, and mixed-use retail, plus select redevelopment and shadow-anchored centers, targeting mismanaged, undercapitalized, and under-leased assets.
Disciplined acquisition, active value creation
Our approach is built around two commitments: buying well, and operating better. Each principle below guides how we source, underwrite, and manage every asset.
Buy below replacement cost
Acquire neighborhood and community retail centers in strong-demographic corridors, targeting underperforming or under-leased assets at a discount to replacement cost.
Create value through operations
Execute proactive leasing and tenant repositioning, drive mark-to-market rents, and enhance operations through our in-house platform.
Underwrite with discipline
Focus on durable retail fundamentals and necessity-based tenants, with a margin of safety on every acquisition.
Own for the long term
Underwrite to sustainable cash flow rather than short-term gains, co-invest alongside partners, and report transparently.
One of the most compelling retail markets in the country
Florida's population growth, business migration, and consumer spending make it a standout, with a pro-business climate, strong tourism, and significant infrastructure investment.
- #1 in the U.S. for domestic in-migration, adding new residents faster than any other state.
- Broad, statewide demand across nearly every major Florida metro.
- Outpacing the U.S. average for population and job growth.
Markets of Focus
Florida growth corridors and current holdings
- 1South Oaks Shopping CenterLive Oak
- 2Glenbrook CommonsClermont
- 3Springs PlazaLongwood
- 4Oviedo on the ParkOviedo
- 5Post CommonsMelbourne
- I-10 · North Florida corridor
- I-75 · Gulf Coast corridor
- I-4 · Orlando growth spine
- I-95 · Atlantic Coast corridor
- US-27 · Central Florida corridor
- CrossMarc holdings
A resilient, essential asset class
Retail real estate has re-emerged as one of the most durable and attractive property sectors, driven by limited new supply, strong tenant demand, and the essential nature of service-oriented retail.
Limited New Supply
New retail construction remains near historic lows, creating supply constraints across many markets.
Service-Oriented Tenants
Grocery, medical, fitness, restaurants, and personal services provide essential needs that are less vulnerable to e-commerce.
Operational Cost Protection
Lower leasing capex and triple-net structures reduce landlord burden and protect against rising expenses.
Stable Income & Durable Demand
Consistent consumer needs generate reliable cash flow and strong occupancy through economic cycles.
E-Commerce Complementarity
Retail increasingly functions as distribution, showroom, and last-mile fulfillment for omnichannel retailers.
Growing Institutional Demand
Institutional capital is increasingly allocating to retail for durable cash flow and improving liquidity.