ACQUISITIONS & DISPOSITIONS
PEBB applies an opportunistic investment strategy in that we seek assets where we can add value and enhance the offer. We've had great success with redevelopment and repositioning underperforming assets as seen in our case studies.
PEBB continues to seek sub-performing or non-performing assets at anchored, shadow-anchored, neighborhood or regional shopping centers and suburban office. Our transaction values range from $2 million to $50 million on assets typically 50,000 square feet or larger.
For more information on our investment criteria, click here.
Additionally, the department is responsible for the sale of properties within PEBB's active portfolio.