Market Overview

Baceline Investment's Core Income Portfolio hits $200 Million Milestone

Share:

Portfolio represents largest and most diversified group of properties in
firm's history

Baceline
Investments, LLC
, a boutique private equity real estate investment
and management company with neighborhood shopping center holdings
throughout the Central United States, has announced that its core income
portfolio has surpassed $200 million in asset total with the recent
acquisition of Woodlands Market in Menomonee Falls, Wisc.

Baceline's targeted core income strategy focuses on holdings in the
country's midsection and is designed to benefit investors who seek to
earn consistent and higher levels of distributable income. The
properties are multi-tenanted neighborhood and community shopping
centers that provide everyday goods and services and are internet and
recession resistant.

With the addition of Woodlands Market, the portfolio includes 39
properties in 21 Heartland markets. It includes more than 425 tenants
and 1.5 million leasable square feet.

Woodlands Market is a 19,433-square-foot retail property accommodating a
variety of tenant types and sizes. Key tenants include A Better Me Spa,
Barre District, Town Bank and Good Hope Vision. Baceline purchased the
retail location for $2,710,000.

"We are proud to reach such a significant milestone," said David Puchi,
Baceline's Managing Partner. "As the largest portfolio in Baceline's
history, the continued growth of the core income fund speaks to our
commitment to a strategic and unique approach. It has allowed us to
expand and diversify within communities that offer unlocked potential."

About Baceline Investments

Founded in 2003, Baceline Investments, LLC is a Denver-based privately
held boutique real estate investment and management company that
specializes in the acquisition, management, and sale of cash-flowing,
necessity-based everyday goods and services neighborhood shopping
centers located in select secondary markets across America's Heartland.
By avoiding high-priced and competitive commercial real estate markets
on the coasts, Baceline's Heartland focus provides untapped investment
opportunity. This unique approach allows investors to better diversify
their investment portfolio. Learn more about Baceline Investments at www.bacelineinvestments.com
or LinkedIn.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com