INVESTORS Home About Property Portfolio Real Estate Services News Contact INVESTMENT STRATEGY Forge develops and acquires retail properties that have long-term stability and strong prospects for steady rent growth. While many of the assets sought may already have stable tenancy, Forge also targets assets with significant opportunity to create additional value through aggressive leasing and professional management. By focusing almost exclusively on grocery-anchored, neighborhood shopping centers, Forge believes that it produces stable returns and is less susceptible to downside risk in a weakened economy. The relatively stable performance of high quality grocery-anchored retail centers during multiple real estate cycles has substantiated this strategy. Prototypical Acquisition A typical acquisition is expected to exhibit many of the following characteristics: Size ranging between 50,000 and 150,000 square feet Difficult to duplicate in-fill locations Acquisition price below replacement cost Opportunities for redevelopment, including vacant anchor boxes or a significant number of leases at below-market rents Dominant anchors, preferably a grocer, who has significant market share (e.g. Publix, Kroger, Food Lion, Aldi, or HEB) A targeted stabilized unleveraged yield on cost greater than 8.0% Prototypical Development Project A typical development project is expected to exhibit many of the following characteristics: Grocery-anchored neighborhood and community shopping centers Mixed-use developments Tenant and market driven land acquisition strategies Create value by obtaining governmental approvals and incentives Predevelopment, construction, leasing, asset management and disposition strategies to maximize potential of the project Underwritten to stabilized unleveraged yields on cost of greater than 8.5% CALL 813.574.6770 © Copyright 2021 Forge Capital Partners 2501 S. MacDill Ave, Tampa, FL 33629 Tampa Web Design - Off the Page Creations About Company Strategy Team Portfolio Services Investment Brokerage Management Construction News Forge News Investor Login Contact Contact Us Home Share: