Hager Pacific Properties currently has in excess of $200 million of ongoing capital and exchange requirements. We expect to acquire more than $200 million of real estate in 2009 and 2010 and are currently looking for the following types of properties:

Type: Industrial
Size: $2 million to $150 million
Location: Major metropolitan markets in Southern California, New York, and New Jersey
Age: No minimum requirement
Condition: Properties requiring minor or major renovation are welcome
Occupancy: Properties requiring immediate releasing or those that have short-term tenancies are welcome
Financing We acquire on an all-cash basis, utilizing lines of credit or cash

 

 

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