Trial Lawyers Building
The Trial Lawyers building is the closest office building in Austin to the Texas State Capitol Building. Read more 
 |
 |
 |
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 Opportunity Fund 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 retail, hotel, multi-family/condo and industrial. Land and development deals are also a key focus. |
|---|---|
| Strategy: | Acquire class A and B value added properties. 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, and/or repositioning of the asset by capital infusion. |
| Minimum Deal Size: | $7,500,000 |
| Hold Period: | 2-7 years |
| Leverage: | 60%-80% |
| IRR Target: | 15%+ |
| Geographic Preference: | All major US markets with 20m+ square feet of office inventory will be considered. |
| Target Markets: | Austin, TX San Antonio, TX Houston, TX Dallas, TX Denver, CO Salt Lake City, UT |
