Acquisition

Acquisition CriteriaAcquisition CriteriaSaglo Development is a long term commercial real estate holder.  Our strategy is not to buy and quickly flip, but to develop long term landlord/tenant partnerships.  Our strategic approach to acquisitions is simple:  to maximize the value of shopping centers through strong proactive leasing, meticulous and efficient property management, and by improving the tenant mix to generate optimal customer traffic.

Acquisition Criteria

  • The project must be multi-tenant retail in nature
  • Located in major metropolitan areas of Florida
  • Have a 3 mile population of at least 100,000
  • A gross leasable area of at least 50,000 SF (15,000 SF in Miami-Dade)
  • Ground-up developments must include land of at least 2 acres
  • The ability to increase NOI within the first 5 years of ownership