Bank of America Center
Bank of America Center is located at "main and main" at 6th and Congress in the Austin CBD. Read more 
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A Different Approach to Acquisitions
Looking to grow our success
With the successful repositioning of a number of landmark properties within our core markets already under our belt, T. Stacy & Associates is looking to expand our acquisition efforts. Our Value Enhancement approach leads to pursuing well-located properties that have upside through renovation or repositioning.
Acquisition Criteria
| Product Type: | Office is our preferred product type with strong consideration also given to any other product type that exhibits value-add characteristics. |
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| Strategy: | Acquire distressed or underperforming properties with upside potential. The desired upside can be achieved in several ways, such as in-place below market rents, a majority of the leases rolling during the hold period, more efficient management, vacant buildings, redevelopment and/or repositioning of the asset by capital infusion. |
| Minimum Deal Size: | $5,000,000 |
| Hold Period: | 2-7 years |
| Leverage: | 40%-70% |
| IRR Target: | 15%+ |
| Primary Target Markets: | Austin, TX San Antonio, TX Dallas, TX Houston, TX |
| Secondary Target Markets: | Other markets in Texas |
