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ACQUISITIONS

Auburndale Properties through its affiliates, owns and operates a national portfolio of commercial real estate consisting of 35 properties. It specializes in shopping centers, freestanding retail, and warehouse/distribution centers.

API is aggressively pursuing the expansion of its portfolio, as well as venturing into the office and residential sectors. API’s acquisition criteria is as follows:

Properties located in major metropolitan areas:
• Strip Shopping Centers – 40,000 square feet and up, must have anchor(s)
• Free Standing Retail – 30,000 square feet and up
• Office/Warehouse – 50,000 square feet and up, single/multi tenant(s)

API is a well capitalized buyer that can close both large and small transactions quickly.