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As principal owner, JHS core business is the acquisition of retail assets throughout the United States. 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 $4-60 million range consisting of either single properties or portfolios.
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:
Jay Mactas Director, Acquisitions & Dispositions
Email: jmactas@jherzog.com
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