Acquisition Guidelines
Cambridge Hanover is a private property fund aggressively seeking investment opportunities throughout the United States. We seek a variety of “stabilized,” “core plus,” and “value add” opportunities, aiming to acquire properties which capitalize not only on proven submarket fundamentals, but also on our ability to take on more complex transactions, such as real estate owned (REO), properties with lease terminations and tenant credit issues, as well as buildings that require repositioning or redevelopment. We respond quickly to deals presented and act decisively on deals pursued. Our company has a proven record of successfully closing transactions with private owners, REITS, funds, and corporations, including ProLogis, First Industrial, General Electric, Bridgestone Firestone, CalSTRS, and Best Foods/Unilever.
If you are a building owner interested in selling or a listing broker who has a property that meets the below criteria, we want to hear from you. Please send information to jpgarrity@cambridgehanover.com and tgilsenan@cambridgehanover.com.
Approval Process:
Quick underwriting/response
All cash closing
Transaction Size:
$10 to $40 million
Geographic Preference:
East Coast—major markets
Transaction Profile:
Transactions similar to the following:
Institutional non-core
Fully-leased buildings with upside on lease rollover
Partially-leased buildings with leasing risk for the balance
Office, medical office, industrial, flex, and mixed-use buildings
Corporate surplus
REO properties, distressed asset/debt rework
Acquisition with tenant in hand for all or a portion of a building
Buildings with tenant credit issues