Acquisitions
Property Acquisitions
While we will consider many different types of projects, our main portfolio strategy is focused on acquiring grocery-anchored neighborhood shopping centers in emerging and existing markets, productive office buildings and warehouse space.
Our expert in-house acquisition team provides unparalleled customer service and has a closing track record that is second to none.
Property location requirements:
- Emerging growth areas, including new Master-Planned Communities
- In-fill locations
- Niche markets
Neighborhood Shopping Center Acquisition Criteria:
- Grocery anchored neighborhood shopping centers with investment-grade credit
- Metropolitan areas in Florida, Georgia, South Carolina, North Carolina, Alabama and Tennessee
- 10 years remaining on anchor lease
- 30,000 to 200,000 square feet total
- 50% of income from anchor and credit tenants
- Solid tenant mix
- Low tenant turnover
Retail Redevelopment Opportunities:
- Vacant anchor
- Anchor needing expansion
- Contiguous area for new development
Office Building Acquisition Criteria:
- Class “A”
- Metropolitan areas
- Long-term leases in place (seven (7) years plus)
- Solid tenant mix
- Single-tenant occupancy
Land Acquisitions
Century Retail is actively seeking new development and re-development opportunities in Florida and the Southeastern United States. We are experienced in assessing and evaluating these opportunities and successfully close in excess of 20 deals per year on vacant land and existing structures. If you have an opportunity that you would like to discuss, please call us toll-free at (800) 778-6867 or email info@centuryretail.com
Featured Properties
Deer Creek Crossings
Davenport, Florida | Polk CountyDeer Creek Crossings is a 26,956 square foot retail center,located on Highway 27 in northern Polk County. Adjacent to this site is the new Posner City Center which will include... Read More.
Bridgewater Commons
Oviedo, Florida | Seminole CountyBridgewater Commons is a 27,000 square foot retail center located on the southwest corner of Aloma Avenue and Deep Lake Road, one block west of the Central Florida Greenway (417).... Read More.
Northleg Plaza
Augusta, Georgia | Richmond CountyNorthleg Plaza is located on Wrightsboro Road, east of the Bobby Jones Expressway in Augusta. The plaza is anchored by Big Lots, Food Lion, Aaron Rents and Family Dollar. Space... Read More.