Acquisition Criteria

Colonial Properties Trust’s Office Division, headquartered in Atlanta, Georgia, is aggressively growing its office portfolio through joint venture acquisitions in high-job growth cities in the Sunbelt of the United States.

Colonial Properties Trust welcomes the submission of authorized office property investment packages from licensed real estate brokers.

Target Markets:

Existing:

  • Atlanta
  • Austin
  • Charlotte
  • Ft. Lauderdale
  • Jacksonville
  • Miami
  • Orlando
  • Tampa

Planned:

  • Nashville
  • Raleigh

Investment Size:

  • $15 Million to $300 Million

Property Type:

  • Class A / B
  • Built between 1985 - 2006
  • 100,000 SF or larger
  • Multi-tenant

Transaction Structures:

JV Equity Partner 80-90%
Colonial Operating Partner 20-10%
Minimum Cap rate 6%
Value Add Investment <70% leased
Target Unleveraged IRR 8.0%-10.0%

Contact

Tom Hallowell
Senior Vice President
Colonial Properties Trust
300 Colonial Center Parkway
Suite 200
Roswell, GA 30076
P: 678.461.3309

Proven Closer

Colonial Properties Trust buys on an all cash basis, requiring no financing contingency, thus ensuring a quick closing. Any existing financing shall be retired at closing.

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