Deal Criteria

When It’s A Good Fit, We Move Fast

Our dream-list of a deal

Industrial

Value-add and repositioning investments in single and multi-tenant flex, manufacturing, and logistics properties

Aerial view of two large industrial warehouse buildings separated by a paved lot near highways and surrounded by trees.

Markets:

  • High-growth markets in major metro areas of the Tri-State, Mid-Atlantic and Southeastern regions

  • Infill urban or suburban locations

  • Markets with vacancy below 5%

  • Markets with high leasing and transaction activity

Property Criteria:

  • Individual tenant spaces divisible to 30,000 SF or less, preferably below 10,000 SF

  • Clear height, power and loading capacity driven by property use (logistics, manufacturing, etc.)

  • Office-to-warehouse ratio ideally not more than 10 percent

Financial Criteria:

  • Purchase price: $2,000,000 to $75,000,000

  • Below, or at replacement cost

  • In-place cap rate or in-place tenancy is not a determining factor; Horizon underwrites by assets and markets.

  • Stabilized cap rate and time to stabilization drive our offers

Transaction Profile & Execution:

  • Direct purchases, off-market transactions, and structured acquisitions

  • Assets with near-term lease roll, vacancy, or deferred capital requirements

  • Ability to accommodate flexible closing timelines, including expedited or extended closings

  • Experienced in transacting via installment contracts and other structured purchase arrangements

  • Discretionary capital, with internal underwriting and streamlined decision-making, enabling efficient execution

Office

Value-add and repositioning investments in single and multi-tenant flex, manufacturing, and logistics properties

Modern office buildings with large glass windows and vertical panels in black and white, with bare tree branches in the foreground and church spires in the background.

Markets:

  • High-growth markets in major metro areas of the Tri-State, Mid-Atlantic, and Southeastern regions

  • Infill urban or suburban locations

  • Markets with vacancy below 10%

  • Markets with high leasing and transaction activity

Property Criteria:

  • Individual tenant spaces divisible to 10,000 SF or less

  • Office class driven by property use and location, with a minimum of Class B quality

  • Spaces that are substantially built-out

  • All major systems in functional and serviceable condition

Financial Criteria:

  • Purchase price: $2,000,000 to $50,000,000

  • Non-stabilized or value-add

  • Below replacement cost with a discount to market due to the value-add component; Horizon typically targets assets below 60% occupancy

  • In-place cap rate or in-place tenancy is not a determining factor; Horizon underwrites by assets and markets

  • Stabilized cap rate and time to stabilization drive our offers

Transaction Profile & Execution:

  • Direct purchases, off-market transactions, and structured acquisitions

  • Ability to accommodate flexible closing timelines, including expedited or extended closings

  • Experienced in transacting via installment contracts and other structured purchase arrangements

  • Discretionary capital, with internal underwriting and streamlined decision-making, enabling efficient execution

Retail

Value-add and repositioning investments in single and multi-tenant flex, manufacturing, and logistics properties

Spacious modern atrium with glass ceiling, multiple floors of offices, potted plants, and scattered seating areas.

Markets:

  • High-growth markets in major metro areas of the Tri-State, Mid-Atlantic, and Southeastern regions.

  • Infill urban or suburban locations.

  • Markets with vacancy below 8%.

  • Markets with high leasing and transaction activity.

Property Criteria:

  • Individual tenant spaces divisible to 10,000 SF or less

  • Shallow-bay strip center retail assets with a minimum gross leasable area of 25,000 SF

  • Retail class driven by property use and location, with a minimum of Class B quality

  • Spaces that are substantially built-out

  • No enclosed malls or single-tenant net-lease properties

  • All major systems in functional and serviceable condition

Financial Criteria:

  • Purchase price: $2,000,000 to $25,000,000

  • Non-stabilized or value-add

  • Below replacement cost with a discount to market due to the value-add component; Horizon typically targets assets below 60% occupancy

  • In-place cap rate or in-place tenancy is not a determining factor; Horizon underwrites by assets and markets

  • Stabilized cap rate and time to stabilization drive our offers

Transaction Profile & Execution:

  • Direct purchases, off-market transactions, and structured acquisitions

  • Ability to accommodate flexible closing timelines, including expedited or extended closings

  • Experienced in transacting via installment contracts and other structured purchase arrangements

  • Discretionary capital, with internal underwriting and streamlined decision-making, enabling efficient execution

What you see is exactly what you get

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