Pacer pursues thematic real estate investment strategies that provide opportunities
to purchase high quality real estate at a discount to intrinsic value.
SINGLE / ANCHOR
TENANT VALUE ADD
Pacer is pursuing the acquisition of single/anchor tenant industrial and office properties in select markets nationwide. Pacer seeks properties with medium term binary risk (typically in the form of a lease expiration, termination option, or other perceived volatility) in situations where this risk can be mitigated through a pre determined business plan.
This strategy seeks to capitalize on our extensive experience regarding the behavior of tenants as the “end users” and ultimate consumers of real estate. Pacer proactively engages with its tenants under this strategy to stabilize their long term tenancy by ensuring that their treasury and operational needs are addressed. This collaborative approach helps maximize the value of Pacer’s investments and supports the long term needs of its tenants.
Pacer is pursuing the acquisition of single tenant infill industrial properties along the I-95 corridor from Boston to Baltimore with individual purchase prices of less than $10 million. This acquisition strategy is to aggregate a portfolio of several hundred million of this product. This venture provides a mutually beneficial solution for sellers and users of these smaller industrial buildings to sell at favorable pricing while allowing Pacer to create value through building scale.
Pacer invests in special situations across the real estate spectrum that may consist of development, entitlement, distressed, event driven, or other opportunistic real estate transactions. In all these investments, the firm stays consistent with its value investing philosophy and rigorous underwriting approach.