Sarofim

Core Office

Sarofim Realty Advisors seeks core office acquisitions nationwide. Following is an overview of our acquisition criteria:

Type
Class A, multi-tenant properties in CBD and suburban locations

Acquisition Strategy
- Safe, predictable, secure cash flow over the investment period
- Locations in compelling markets with above-average growth
      characteristics (job and population growth)
- Locations in compelling submarkets with specific reasons why tenants
      need to be located in the submarket
- Locations in infill, supply constrained markets
- Long-term, stable tenant base
- Functional, efficient, and desirable floorplates for the submarket
- Preference toward multi-tenant buildings, with minimal short-term rollover

Deal Structure
Flexible. Will purchase for cash but can assume debt.

Return Criteria
Unleveraged IRR of at least 7.25% based on a seven to ten-year hold

Minimum Deal Size
$15M