Our success makes a difference.
Our investment track record is one of success. We focus on quality, not quantity. Our representative portfolio showcases our achievements in real estate investment. PREF’s fundamental requirements and strategic approach make a difference.
The Village at Noble Farms
Location: Atlanta Ga.
10.5 acres in Suwanee, a suburb in northeast Atlanta.
Type: 44,000-square foot specialty retail center
Attributes:
10.5 acres in Suwanee, a suburb in northeast Atlanta.
Type: 44,000-square foot specialty retail center
Attributes:
Situated at major intersection.
Purchase Details:- Purchased November 2004 for $9.8 million;
- Closed at 92% leased;
- Capitalized with $2.8 million in equity capital and a $7 million non-recourse loan from CW Capital.
- Generated an annual cash-on-cash return in excess of 10% for 3 years;
- Sold January 2008 for $12 million resulting in an overall return to the investors of 25%.
Chastain Square Office Park
Location: Atlanta Ga.
Affluent neighborhood adjacent to one of Atlanta's largest and most-used multi-purpose parks.
Type: 16,000-square foot, three-building office park
Attributes:
Affluent neighborhood adjacent to one of Atlanta's largest and most-used multi-purpose parks.
Type: 16,000-square foot, three-building office park
Attributes:
Significant entry barriers for competition.
Purchase Details:- Purchased June 2009 for $1.4 million;
- Closed at 100% leased;
- Executed all cash purchase.
As of May 1, 2011 88% leased.
Taqueria Del Sol
Location: Athens Ga.
Primary retail corridor near University of Georgia.
Type: 3,500-square foot free standing building
Attributes:
Primary retail corridor near University of Georgia.
Type: 3,500-square foot free standing building
Attributes:
- Occupied by Taqueria del Sol, a popular restaurant concept;
- Situated in in thriving college town.
- Purchased December 2011 for $1 million;
- Executed all cash purchase;
- Leased through 2018.
- Currently 100% leased;
- Generates a low risk yield of 9%.
