Investment Objective
3 Pillar Investments, LLC has yield requirements that take into consideration the risks and opportunities presented by each market environment. 3 Pillar Investments, LLC focuses on sub-markets of growth and stability and properties below replacement cost. We prefer stabilized markets requiring a renovation or upgrade where the asset class is below that of the other competitive properties in its market.
Acquisition Criteria – Commercial
Property Type | Medical Office Buildings, Standard Office Space, w Flex Space |
Asset Class | A to B assets |
Occupancy | 80% or better – preferred but not required |
Location Quality | A to B areas |
Number of Units | 50,000 to 200,000 rent-able square feet |
Property Age | 1978 and newer preferred |
Structure | Financed, loan assumptions, all cash, seller held notes, case-by-case |
Growth | Stabilized assets, operational and physical re-positioning |
Re-positioning an efficient property management and well run maintenance team. After stabilizing the project, 3 Pillar Investments, LLC looks to sell or retain the property as a well-run lucrative asset within three to five years.
Preferred Markets
Florida, Georgia, Tennessee, North Carolina, South Carolina, Nevada, Arizona, Colorado, New Mexico, Texas, Pennsylvania