- Capital Square targets multifamily communities with hundreds of apartment homes. Therefore, the success of a community does not rely on one or even several particular tenants. Tenant risk is eliminated through diversification.
- Capital expenditures required to prepare vacated apartment homes for new tenants or to maintain a community’s common areas are generally lower compared to office or retail properties. An apartment community generally won’t require the landlord to complete large capital expenditures at one time to obtain new tenants, whereas such expenditures may be required at an office or retail property.
- Ownership is not locked into a long-term lease with tenants. Lease terms are generally 12 months, which allows a landlord the potential to reset rental rate based on the market more often compared to a typical office or retail lease.
- There may be opportunities through community improvements, apartment upgrades and other management strategies to obtain higher rents upon each lease expiration.
- Favorable financing is often available.
- Shelter is a necessary expense.
GATEWAY, SECONDARY, AND TERTIARY MARKETS CONSIDERED. CAPITAL SQUARE INVESTS IN:
100+ units Stabilized "B" and "A" properties Particularly interested in Florida, Texas and the Southeast
Corporate headquarters/mission critical location 20,000+ square feet 10+ years remaining on lease
NNN or NN MOBs, including dialysis clinics and surgery centers 5000+ square feet 10+ years remaining on lease (15 years of lease term preferred) Short-term leases considered
10+ years of weighted average remaining lease term (15-20 years of lease term preferred)
50,000+ square feet
Distribution center, warehouse and manufacturing