Thursday, September 09, 2010
   
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American Spectrum Realty, Inc.
2401 Fountain View Drive
Suite 510
Houston, TX 77057

713.706.6200


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Acquisitions

American Spectrum Realty, Inc. is a public company which owns real estate throughout the country whose primary interest is in value added investments. The company professionals possess the ability to evaluate under-performing assets and to assess the cause and to affect a cure. 

American Spectrum Realty, Inc. will generally acquire assets directly, or the company which owns the assets, on an all cash basis, stock of American Spectrum Realty, Inc. or cash and stock. However, the company will consider assumption of existing debt if the terms are favorable. The company will also consider investments in growth markets where a critical mass of assets may be assembled.

Acquisitions Data

Acquisition Preferences:
  • 50,000 Sq. Ft. and larger
    (Multi-Tenant Office, Industrial, and Shopping Centers)
  • Rehab/reposition opportunities
  • A and B locations
  • B and C property types
  • 1970 or newer construction
  • Suburban or in-fill mid-rise
Market Interest Differentiators:
  • Barriers to entry for new development
  • Solid employment base and growth history
  • Supply/Demand balance
  • Demographics indicate continued growth
Submission Requirements:
  • Basic property description
  • Historical financial statement (minimum last full year of operations)
  • Year to date statement of operations
  • Current rent roll
  • Current year's tax valuation and tax rate
  • Current color photographs
  • Location map
  • Market information (sales and rent comps)
  • A listing agreement or letter of authorization, if applicable, from the seller indicating that the broker is authorized to release such information.