|
|
 Whether you are selling one property or an entire portfolio, PPG is always interested in exploring new acquisition opportunities. With the patience and experience of a long-term investor, and the creativity and insight of real estate professional, we can respond and close quickly, whether on market terms for straight forward acquisitions or through innovative structures for less conventional transactions. We focus on assets strategically located in primary metropolitan statistical areas, particularly in the Northeast and Southeast. We also have the flexibility to acquire properties in less traditional locations, including many university and college markets, and we are actively expanding our portfolio. As a private, long-term investor, PPG has tremendous flexibility as to the types of shopping centers we acquire. In general, we look for centers that generate strong repeat consumer traffic, ranging from fully leased, stable assets to properties in need of total redevelopment. We will consider acquisitions where mortgage debt is already in place, as well as centers on ground leases if there is enough term remaining to create attractive financing. For “hard to understand” and under-managed properties, PPG should always be your first call. We have extensive experience acquiring and operating shopping centers that other owners avoid, including difficult environmental remediation candidates, dark anchor boxes, large vacancies, short-term anchor leases and alternative use opportunities.
|
|