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

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

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

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

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

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

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
