The Herrick Company also invests in multi-tenant commercial real estate, including office buildings, warehouse/industrial buildings and shopping centers/retail buildings.
Office/Warehouse/Industrial Buildings
Property Location:
Nationwide, with a strong location in markets with a population greater than 100,000.
Property Type:
Existing buildings with a 40,000 square foot minimum size and a multi-tenant base.
Transaction Type:
All Cash to highly leveraged transactions. No occupancy or negative cash flow guarantees. There is no maximum limit to the amount of capital, along with debt, that The Herrick Company can place in a commercial real estate transaction.
Shopping Centers/Retail Buildings
Property Location:
Nationwide, with a strong location in markets with a population greater than 100,000.
Property Type:
Existing buildings in strong locations with a 100,000 square foot minimum.
Transaction Type:
All Cash to highly leveraged transactions. Shopping center/retail transactions must have good upside potential.
