We target the opportunistic acquisition of commercial real estate fee interests and debt with a goal of creating value and generating above-market, risk-adjusted returns.
We focus on industrial and office properties located in infill locations that we can acquire below replacement cost (but will consider and have closed on other property types).
Our geographic focus is on major and growing markets located east of the Mississippi River, especially in the Mid-Atlantic region.
We target transactions in the $5 to $50 million range in which we have a competitive advantage due to complexity and/or our operational, acquisition and financing capabilities. To date, this has included acquiring assets requiring foreclosure, leasing, and repositioning and/or redevelopment from lenders, individual owners, and tenant-in-common investors.
We acquire properties across the value spectrum, which stated simply, means we routinely acquire “ugly or beautiful”, leased or vacant buildings. Investment decisions are driven by Alliance’s ability to create value for a specific asset as opposed to generically investing in a defined asset class. Our team is experienced in adaptive reuse (for example, converting an obsolete warehouse into a Class A corporate office headquarters; see the Redevelopment Projects tab).
