Block Funds Acquisitions
Seeking Multifamily, Industrial & Medical Office asset types
Multifamily Acquisitions
Criteria
- Garden style and midrise communities, townhomes
- 1990s and newer, 9' ceilings
- 200+ units in new markets, 100+ units in existing markets
- Suburban and infill locations preferred
- Vacant land/development sites considered
Target Markets
- Kansas City
- Saint Louis
- Des Moines
- Omaha
- Dallas/Fort Worth
- Indianapolis
- Northwest Arkansas
New Markets targeted
- Cincinnati/Columbus
- Louisville
- Raleigh/Durham/Chapel Hill
- Minneapolis/Rochester
- Denver/Fort Collins/Colorado Springs
- Albuquerque
- Salt Lake City
- Las Vegas
- Tampa/Jacksonville/Orlando
Industrial Acquisitions
Criteria
- Class A/B bulk distribution, office/warehouse and manufacturing
- 24' minimum clear height
- 50,000 SF minimum / 25% office finish or less
- Tilt-up and precast preferred
- Suburban and infill locations with close proximity to highway and railway
- Vacant land/development sites considered
- Sale/Leaseback or purchase from third-party
Target Markets
- Kansas City
- Saint Louis
- Des Moines
- Omaha
- Dallas / Fort Worth
- Indiannapolis
- Northwest Arkansas
- Cincinnati / Columbus
- Louisville
Medical Acquisitions
Criteria
- Class A/B medical office
- 7,000 SF minimum
- 1-4 tenants with minimum of 7 years remaining on a NNN lease
- Opportunities for tenant investment if desired
Target Markets
- Primary, Secondary or Tertiary healthcare communities
- 5-mile proximity to hospital preferred
- Anywhere in the country is acceptable
Acquisitions Team
Brian R. Beggs, CFA, CCIM
Executive Vice President, Chief Investment Officer
816.932.5568 | bbeggs@blockllc.com
Aaron M. Mesmer, CCIM
Senior Vice President, Development & Acquisitions
816.412.5858 | amesmer@blockllc.com