We recently completed due diligence on a sale-leaseback opportunity we have under contract in Jacksonville, FL. We are excited to close on this opportunity later this month. The tenant has strong financials and operating history. The seller was looking to free up some capital to acquire a competitor and ramp up market share. We agreed to a 7 year term at a favorable cap rate. The sale lease back market continues to be strong with interest rates being at elevated levels. #floridarealestate #saleleaseback #interestrates #cre #industrialrealestate #realestate
Point Acquisitions LLC
Real Estate
Philadelphia, Pennsylvania 361 followers
Commercial Real Estate Acquisitions Company
About us
We are a real estate acquisition firm based out of Philadelphia, PA.
- Website
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https://pointacquisitions.com/
External link for Point Acquisitions LLC
- Industry
- Real Estate
- Company size
- 2-10 employees
- Headquarters
- Philadelphia, Pennsylvania
- Type
- Privately Held
- Founded
- 2018
Locations
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Primary
1010 N Hancock St
107
Philadelphia, Pennsylvania 19123, US
Employees at Point Acquisitions LLC
Updates
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We are excited to announce our new hire - Joe Hayden - Joe joins us as an Acquisitions Associate and specializes in working with property owners for new investment opportunities and researching various markets. In May of 2024, Joe graduated from Villanova School of Business with a degree in Real Estate, in which students learn the real estate business through rigorous financial modeling and real world application. He comes from a real estate family, as his father and grandfather, and many of his aunts and uncles have been in real estate for many years. Much like his family, he has a passion for real estate, and has interned at large and highly esteemed real estate firms such as CenterSquare Investment Management and EQT Exeter, with a focus on industrial and retail real estate. On a personal level, Joe loves to travel with friends and family. Joe is also an avid runner and enjoys spending time in the gym. He is the oldest of five children, and a devoted Philadelphia sports fan. Welcome to the team Joe! #newhire #realestate #commercialrealestate
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Another unanchored strip center under agreement! We recently satisfied due diligence and are scheduled to close later this month. #unanchoredstripcenter #retailrealestate #cre #dfw #dfwrealestate #closing #stripcenter
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We closed this vacant big box (formerly Burlington Coat Factory) in Waco Texas last month. Our team was able to secure a lease with a family entertainment user during due diligence for half the space and we are working to fill the remaining vacant space. The seller was looking for a quick transaction given the impending vacancy at the end of the year, although, Burlington has been a ghost tenant for some time. This marks the first transaction for our team member Paul C Impellizeri - way to go!!! #texas #waco #retailrealestate #commercialrealestate #cre #proptech #buyer #deals #vacantbigbox
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Thrilled to be part of the upcoming ICSC Las Vegas Convention from May 19-21, 2024! Looking forward to connecting with fellow attendees, exploring market trends, and sparking meaningful conversations. Drop us a DM if you're around – let's catch up! 🤝 #icsclasvegas #NetworkingInnovation #MarketplaceInsights #ICSCConnections #IndustryMovers
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Point Acquisitions is under contract to acquire this neighborhood center in Palm Harbor FL. 🎊 Located in Pinellas County, Florida’s most densely populated county, we are excited to acquire this strip center at a favorable basis and going in cap-rate. The center is anchored by Carrabba’s Italian Grill and is one of their top performing stores in the country. 🙌🏻 Also, One Blood, a non profit with 1B in revenue, anchors the other side of the center. “The previous outparcel with McDonalds in addition to a heavy traffic count of 88,000 cars per day has us excited to capitalized and improved upon this well located asset.” Jesse Shemesh, President and Founder of Point Acquisitions. Follow us for more CRE updates 🙌🏻 #floridarealestate #palmharborrealestate #cre #crenews
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Point Acquisitions is under contract to acquire a vacant big box retail center in Waco Texas. 🎉 We are utilizing our vast network of national tenants to repurpose the building into two users: family entertainment center and a grocery store. The Waco retail market is an important component of the Central Texas commercial landscape with strong demographics as it includes a growing portion of the I-35 corridor between Austin and Dallas-Fort Worth. “This value add strategy is part of our core focus in retail real estate along with our increased focus on the Texas market overall” - Jesse Shemesh, President and Founder. Follow us for more CRE updates!🙌🏻 #wacotexas #wacorealestate #wacotx #cre #realestatetexas
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🚨 Big Moves at Red Lobster! 🍤 Could this be a turning point for commercial real estate? Read our full analysis below 👇 #redlobsterbankruptcy #cre #commercialrealestate #crenews #creupdates
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📈 Commercial Real Estate Update: Foreclosures surged by 117% in March, signaling stress across the sector. With rising interest rates and shifts in workspace dynamics, what’s next for property owners and investors? #RealEstate #Investment #Economy #CRE #CommercialRealEstate #Foreclosure Click to learn more!
This Week in Real Estate: Rising Foreclosure Alarms
Point Acquisitions LLC on LinkedIn
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From all of us at Point Acquisitions, wishing you a joyous Passover filled with peace, love, and cherished moments. #Passover2024 #Celebration 🌟✨