Leasebrook grows by buying commercial buildings and operating them. We acquire for our own account, we hold what we buy, and we run it ourselves. Sellers and their brokers deal with the decision-maker from the first conversation.
What we buy
- Multi-tenant and single-tenant office buildings, suburban and urban.
- Neighborhood and convenience retail strip centers, anchored or unanchored, including freestanding retail and pad sites.
- Industrial, warehouse and flex buildings.
- Medical office buildings.
- The commercial components of mixed-use projects and other specialty commercial property.
- In any U.S. market.
What we do not buy
Residential property of any kind, including apartments and the residential component of mixed-use buildings.
How we work
- Conversation. Send an offering memorandum, or simply the address and a sentence or two about the property and the situation.
- Indication. If there is interest, a written indication of interest follows promptly, with the assumptions behind it.
- Underwriting. Rent roll, leases, operating history and a site visit, scheduled without delay. Confidentiality agreements are signed promptly.
- Contract and closing. Realistic timelines, a due diligence process run by people who have done it before, and a closing that happens when we said it would.
Buyer's broker and cooperating arrangements are honored as stated in writing.
After closing
The building joins a portfolio that is operated by its owner. Existing tenants are contacted directly by Leasebrook, leases and deposits are transferred cleanly, vendors are reviewed, and the building's capital plan is written in the first months of ownership.
Is Leasebrook a syndicator or a fund?
No. Leasebrook buys for its own account and holds what it buys.
Does Leasebrook buy in markets where it has no other buildings?
Yes. Leasebrook is a nationwide owner and will acquire in any U.S. market where the real estate makes sense.