Acquisition Criteria

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Highmark Ventures is actively pursuing the acquisition of industrial, multi-family and retail development sites and value-add properties with repositioning potential. 

Target Markets:

· Southern California;

· Salt Lake City, Utah;

· Boise, Idaho;

· Medford and Bend, Oregon; and

· Spokane, Washington.

Development Sites:

· Sites ranging in size from 1 to 10 acres;

· Target price range of $500,000 to $10,000,000;

· Will consider unentitled sites; 

· Must have a reasonably developable configuration;

· Strong access and exposure required; and

· Strategic locations with solid growth preferred.

Existing/Value-Add Properties:

· 10,000 to 100,000 square feet;

· Target price range of $2,000,000 to $25,000,000;

· Prefer properties below market rents and priced at below replacement cost;

· Highly visible with good accessibility off a heavily trafficked arterial; and

· Low coverage properties with surplus land are preferred.

Please submit marketing package including site plan, rent roll and financials to:

David MacDonald

david@highmarkventures.com