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 proximty 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
Grant O. Reves, CCIM
Director of Acquisitions
816.412.5879 | greves@blockllc.com


Adam R. Barnard
Director of Investor Relations
816.412.8453 | abarnard@blockllc.com