Strip Center:

• >100,000 square feet
• Primary and secondary markets with surrounding population >50,000
• Occupancy from 60-90%
• At least one anchor tenant
• Priced below replacement cost
• $2-20 Million

Enclosed Mall:

• >500,000 square feet
• Only enclosed mall in trade area
• Trade Area >50,000
• Occupancy from 60-90%
• At least two anchor tenants (owned)
• Priced below replacement cost
• $5-50 Million

Hotel:

• >100 Keys
• Secondary Markets
• Barriers to entry
• Opportunity to improve operations
• Flagged or Independent hotels

As principal owner, JHS core business is the acquisition of retail and hotel assets throughout the United States.

Retail

JHS acquires underutilized shopping centers that can be repositioned through its in-house management and leasing expertise.

JHS pursues cash flow investment opportunities that have immediate value-added potential. JHS adds significant long-term value by capitalizing on the following opportunities:

• Leasing existing vacancies
• Developing or expanding onto vacant land
• Re-leasing tenants at higher rental rates
• Improving operating efficiencies
• Remedying environmental, deferred maintenance, structural problems or configuration problems
• Improving financing terms

JHS is growing through the acquisition of shopping centers that meet the company's very specific investment criteria and required returns. As a rule, JHS seeks to acquire well-located shopping centers, including enclosed malls and strip centers, in secondary and tertiary markets. Our focus is on multi-tenant transactions in the $2-50 million range consisting of either single properties or portfolios. 

Hotel

JHS is actively seeking irreplaceable hospitality properties in exceptional locations in secondary and tertiary markets, with multiple drivers, barriers to entry, 100 to 400 keys, valued between $5-25 million.  JHS will consider full service, select service, limited service, and extended stay properties, as well as flagged and independent hotels anywhere in the US and Canada.

JHS has an excellent reputation for closing acquisitions under the terms at which we contract. Some of our recent acquisitions were purchased from such institutions as: Bank of America, Farm Bureau Life Insurance, First Union REIT, Heitman Capital Management, New Plan Excel, Provident Life, The Richard E. Jacobs Group, The RREEF Funds, and TIAA-CREF.

If you are interested in learning more about these requirements and our investment performance please contact:

Craig Stack, Director of Acquisitions & Dispositions

Office: 303.539.3022

Fax:    303.757-1911
acquisitions@jherzog.com