Investment

Unique properties tend to maintain their value better than commodity-like properties in difficult times and tend to garner premiums in competitive times.

Discount to Replacement Cost

Acquiring properties in supply-constrained markets at a discount increases return potential.

Opportunities for Adding Value

• Repositioning and strategic capital improvements to enhance or reinforce the property’s desirability to tenants within the market
• Active leasing of vacant and rollover space to credit tenants at market-leading rental rates and terms
• Operating improvements that reduce operating costs, increase energy efficiency, and improve sustainability
• Redevelopment and select development when appropriate based on market conditions
• Transaction sourcing and structuring that build upon Mintblack’s relationships and experience deploying efficient legal, tax, and ownership structures

• Moderate leverage and rate-protected financing for the underwritten hold period are preferred.

• Exit timing must be continuously reassessed based on economic and local market conditions and the strength of prospective buyer demand.