Investment Criteria

  • Lamar acquires community/neighborhood shopping centers nationwide preferably grocery anchored, with in-place cash flow and upside potential through the aggressive implementation of a re-merchandising, renovation and redevelopment plan.
  • Lamar looks for value-add opportunities through existing vacancy, anticipated vacancy, weak anchors, broken development deals and required reconfiguration or required capital to modernize the asset.
  • The minimum shopping center size for consideration is approximately 100,000 square feet. There is no maximum limit on shopping center size.
  • The minimum population density within a 3 mile trade area must be 40,000, with a minimum median household income of $40,000.
  • Lamar will consider most types of environmental contamination.
  • Lamar is an all cash buyer and can close within 30-60 days from the date an offer is accepted.
  • Lamar has experience attaining properties through fee simple title, purchasing notes with the intent to own and short sale purchases.
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