Acquisitions

American Spectrum Reality

American Spectrum Realty, Inc. is a public company which owns real estate throughout the USA. 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. The company is currently operating in the States of Indiana, Missouri, South Carolina, Illinois, Texas, Arizona and California.

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's intent is to focus in the core geographical areas of Texas, Arizona and California and will consider investments in additional 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.
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