Acquisitions

We're Shopping, Too.

We are seeking growth by acquiring necessity-driven shopping centers anchored by leading grocery and retail brands.
The right properties will be located in attractive, densely populated markets with the potential for expansion, redevelopment or lease-up opportunities.
Submit Opportunities To:
Matt Yaniglos

What We're Looking For

Acquisition Criteria

Market dominant shopping centers anchored by national and regional tenants; Grocery anchored centers preferred; Top 50 MSA's and high growth population corridors; Sites well positioned within market's strongest retail corridor; Population density of over 100,000 in 5-mile radius; Average household income above $75,000 within 5-mile radius; Prefer value add and core plus opportunities; $10 million minimum deal size with preference for portfolios.

 

Recent Acquisitions

 

 

Oak Park Commons—South Plainfield, NJ

This asset provides 139,717 SF of GLA with three multi-tenant buildings as well as four single tenant structures. Oak Park Commons benefits from good mixture of national tenants including CVS, Advance Auto Parts, Dollar Tree, Goodyear Tire, McDonald’s and Wells Fargo Bank. South Plainfield is located approximately 22-miles southwest of Manhattan and 70-miles north of Philadelphia. The area is recognized as a major transportation corridor with the New Jersey Turnpike, I-287, the Garden State Parkway, Route-1 and Route-9 intersecting in the eastern part of Middlesex County. This is the first entry into New Jersey and the New York–Newark–Jersey City MSA for ShopOne Centers REIT.

 

McKinley Crossroads—Corna, CA

Built in 1989 and renovated in 2000, McKinley Crossroads is a 202,134-square-foot single-story community retail center. The three-building property is composed of both local and national tenants, which include anchors 24-Hour Fitness and Simply Fresh Market. This acquisition marks ShopOne’s entry into the California market. The property is located in the city of Corona, parallel to Riverside Freeway (State Route 91) and is conveniently situated near a four-way highway interchange. Corona is located approximately 45 minutes southeast of Los Angeles.

 

Conyers Commons—Conyers, GA:

The property consists of two buildings on a 12.50-acre site located off State Highway 20. The plaza is comprised of a mixture of local and national tenants. The center is shadow anchored by Target and Jim ‘N Nick’s restaurant. Notable tenants at the property include Ross Dress for Less, and Kirkland’s. Conyers Commons is well located with primary frontage along state route 20 and secondary frontage along Millers Chapel Road. The property is situated at the southern end of the main commercial thoroughfare of Conyers and is surrounded by a predominantly residential neighborhood. A Publix supermarket is situated one building to the north of the property.