Sarofim Realty Advisors seeks value added office acquisitions nationwide. Following is an overview of our acquisition criteria:
Urban and suburban office buildings of at least 100,000 square feet with upside potential. Sarofim is also interested in speculative office
High population/job growth throughout the United States.
- Below-market rents
- Significant vacancy
- Redevelopment potential
- Re-tenanting opportunity
Flexible. Will purchase for cash but can assume debt.
Leveraged IRR of at least 13.0% based on
a three- to five-year hold.
Minimum Deal Size
100,000 square feet and $15M