Acquisitions
Acquiring Value-Add and Core + Investment Properties
Why work with Boji?
+ Ability to Close With Certainty: Well-capitalized ownership structure and disciplined underwriting allow us to move quickly and execute reliably
+ Proven Track Record: 15+ years of sourcing, acquiring, and managing complex real estate projects across multiple asset classes and markets
+ Value Creation Expertise: Deep experience in repositioning, redevelopment, and operational improvement drives long-term value for tenants, partners, and communities
Target Acquisition Criteria
Asset Classes
Office | Retail | Multi-Family
Deal Size
$5M – $50M
GeoGraphy
Michigan, Midwest + Southeast U.S.
Investment Strategies
Value-add
Reposition | Lease-Up | Operational Improvements
Core
Stabilized Assets | Strong Cash Flow | Quality Tenants
Core +
Stabilized Properties With Modest Value-Add Opportunities
Value-Add Criteria
- Below market rents with clear mark-to market upside
- Vacant space that can be leased to drive NOI
- Capital improvement/renovation opportunity
- Operational inefficiencies
- Target cap rate
- Retail: 8.0% +
- Office: 8.5% +
- Multi-Family: 7.5% + ROC
Core + Criteria
- Stabilized occupancy: 90%-100%
- Strong in-place cash flow
- Credit or strong regional tenancy preferred
- Institutional-quality physical condition
- Cap rate: 7.0% +