Our
Goals
 US Properties Group acquires
value-add anchored
neighborhood shopping
centers in growing mid to
small markets. Our ability
to UPCYCLE ™ real estate has
created a portfolio which
now includes more than 4.5
million square feet in key
growth markets across the
country.
- "Renovating Real
Estate... Revitalizing
Communities."
- Focused on
"up-cycling"
- A "full service"
company
- Currently in 9
States
- Ground up and
redevelopment
opportunities
Working with Existing Developers
We welcome the opportunity to put our money to
work with partially completed developments that
require new equity/debt as we have ample acquisition
lines with our lenders and look forward to
partnering on partially completed projects. So if
you require additional cash to complete your project
contact us.
What We Like
USPG
is pursuing neighborhood and
community shopping centers
with, upside vacant or
potentially vacant anchors
with value-add potential
with the following
parameters:
| Type: |
|
Community to
Regional
Shopping Centers |
| Size: |
|
Single
assets and
portfolios over
50,000 SF |
| Minimum
Price: |
|
$2.5 million |
| Maximum
Price: |
|
$500 million |
| Deal
Structure: |
|
All cash at
closing |
| Geographic
Area: |
|
Midwest,
Southeast and
Southwest |
What We've Acquired
Originally, US Properties
Group acquired a substantial
portfolio of community
shopping centers from
Glimcher REIT.
We have been very active
with the value add component
of releasing the vacant
anchor space of this and
subsequent acquisitions.
We have leased over 1.7
million square fee of vacant
anchor space in the last
four years.
We now have relationships
with Best Buy, Bed Bath &
Beyond, Ashley's Furniture,
Kohl's, Lowes, PetSmart,
Marshalls, TJ Maxx, Hobby
Lobby, HH Gregg and Belk Department
Stores. These tenants were
non existent in the acquired
properties.
Given this ongoing success
of our leasing, construction
and property management
teams, we are very
aggressive in pursuing new
value-add opportunities. Our
corporate goal is to double
our current portfolio of
over 5 million square feet
and $500 million in value.
We look forward to seeing you in Las Vegas
Contact WILL BE IN VEGAS ICSC
To set up meetings contact Gord Wiebe, Head
of Acquisitions (403) 923-4343; Email
gwiebe@uspginc.com |
