Investment Criteria

Investment Criteria

Ow Commercial targets both core and value-add investments, including stabilized and unstabilized acquisitions, build-to-suits, land developments, speculative developments, pre-sales and redevelopments of retail, office, R&D and industrial properties. Ow Commercial actively seeks to acquire existing buildings and land for development or redevelopment. Risk-oriented situations as well as leased buildings with a potential for future upside are of particular interest. The Company targets properties along the following general guidelines:

Location:

Major metropolitan areas within the Western United States with a strong preference for properties in Santa Cruz County.

Product Type:

Retail, Industrial, R&D and Office buildings, and land for development.

Leasing Status:

For existing buildings, any occupancy status will be considered. There is no minimum initial yield requirement.

Physical Condition:

Properties in any condition will be considered. We are willing to look at properties with environmental challenges.

Transaction Size:

Single properties or portfolios exceeding $1 million, with no maximum.

Timing:

Closing in 30 to 90 days, depending on property type and seller requirements.

Reputation:

  • All cash buyer with the ability to close quickly.
  • Responsive acquisition team.
  • Experienced buyer with proven track record.

Broker Protection:

The Company maintains a property submission database so as to protect brokers who present properties they have listed or who submit off-market deals for our consideration. Additionally, the Company will consider paying a finder’s fee to brokers who are the procuring cause for its interest in a particular transaction.