Acquisition Criteria
Abbell accepts packages on core, urban and secondary market retail, office, and hospitality properties that meet the criteria.
Seeing Projects Through to Profitability
They say timing is everything and we believe the time is now. Our acqusition focus is on core, urban and secondary market retail, office, and hospitality that require substantial re-development. From brownfield remediation, entitlements and complete reconstruction to re-merchandising and repositioning, we have the ability to tackle any project and see it through to profitability.
Review the following acquisition criteria. If your property meets the critieria, submit your package below.
TYPE OF PROPERTY
Retail
Enclosed and open-air retail projects
Office
Urban or dense suburban, preferred as part of retail package
Vacant Land
Vacant land to be developed for retail, office or hospitality
TENANCY
Retail
Anchored centers preferred
Office
85% Absorption rate within office market area
Hospitality
Urban or dense suburban, preferred as part of retail package
SIZE OF PROPERTY
Retail
25,000+ SF of multi-tenant retail
Office
100,000+ RSF
Vacant Land
Retail 10+ acres, office to support 3+ stories of 100,000 RSF
TRADE AREA
- Minimum population of 50,000 within a 2 mile radius
- Major intersection
PRICE RANGE
- No upper limit
- Opportunity, core plus, value-add
Geographic Area
We have three regional offices, in Chicago, IL; Des Moines, IA; and Toledo, OH. Our major focus is in these states plus Wyoming, Colorado, Minnesota, Wisconsin, Michigan, Indiana, Iowa, Missouri, North Dakota, South Dakota, Nebraska and Kansas.