Track Record (Realized Historical Return)

717 Parking Garage

 

Location: Dallas, Texas
Size: 973 Spaces
Anchors: N/A
Total Costs: $3M
Equity: $3M
Total Realized Net Proceeds: $7.4M
Net Multiple on Equity: 2.45
Years Owned: 6 (1992-1997)

Arbrook Retail

 

Location: Arlington, Texas
Size: 20,042 Sq. Ft.
Anchors: Rack Room Shoes
Total Costs: $2.5M
Equity: $1.2M
Total Realized Net Proceeds: $3.1M
Net Multiple on Equity: 2.53
Years Owned: 3 (2000-2003)

Euless Town Center

 

Location: Euless, TX
Size: 239,687 Sq. Ft.
Anchors: Ross, Conn’s Appliances & Aldi
Total Costs: $11.6M
Equity: $3.7M
Total Realized Net Proceeds: $10M
Net Multiple on Equity: 2.72
Years Owned: 4 (2001-2005)

San Mar Plaza

 

Location: San Marcos, TX
Size: 185,955 Sq. Ft.
Anchors: Hobby Lobby, 
Tractor Supply & Hastings
Total Costs: $12.2M
Equity: $4.5M
Total Realized Net Proceeds: N/A
Net Multiple on Equity: 2.34
Years Owned: 3 (2002-2005)

University Park Village

 

Location: Fort Worth, TX
Size: 48,264 Sq. Ft.
Anchors: Talbot’s, Jos A Bank
and Chili’s
Total Costs: $4.1M
Equity: $1.8M
Total Realized Net Proceeds: $4.8M
Net Multiple on Equity: 2.71
Years Owned: 3 (1992-1995)

Apple Glen Crossing

 

Location: Fort Wayne, Indiana
Size: 565,657 Sq. Ft.
Anchors: Kohl’s, Best Buy & Dick’s Sporting Goods
Total Costs: $18.8M
Equity: $5.8M
Total Realized Net Proceeds: $19.2M
Net Multiple on Equity: 3.28
Years Owned: 8 (1995-2003)

Bayou Walk

 

Location: Shreveport, LA
Size: 178,000 Sq. Ft.
Anchors: Kroger and Old Navy
Total Costs: $10.5M
Equity: $1.8M
Total Realized Net Proceeds: $6.6M
Net Multiple on Equity: 3.71
Years Owned: 8 (1994-2002)

Guylane Plaza

 

Location: Dumas,TX
Size: 158,834 Sq. Ft.
Anchors: United Grocers
Total Costs: $3M
Equity: $850K
Total Realized Net Proceeds: N/A
Net Multiple on Equity: 4.25
Years Owned: 4 (2003-2007)

Trinity Commons

 

Location: Fort Worth, TX
Size: 197,287 Sq. Ft.
Anchors: Tom Thumb, DSW Shoes 
and ULTA
Total Costs: $18.3M
Equity: $4.9M
Total Realized Net Proceeds: $11.7M
Net Multiple on Equity: 2.38
Years Owned: 8 (1993-2000).

Woodland Plaza

 

Location: Tulsa, TX
Size: 144,470 Sq. Ft.
Anchors: Bed, Bath and Beyond 
and Barnes and Noble
Total Costs: $11.3M
Equity: $3.5M
Total Realized Net Proceeds: $11.2M
Net Multiple on Equity: 3.22
Years Owned: 9 (1993-2001)

La Palmera

 

Location: Corpus Christi,TX
Size: 1,018,369 Sq. Ft.
Anchors: Dillard’s, Macy’s 
and JC Penney
Total Costs: $163.8M
Equity: $130.8M