Seeking to grow our premier grocery anchored shopping center
portfolio in the suburban New York Metro Area.
LOCATIONS: Commuter Markets
PRICE: Minimum $5 Million
Grocery Anchored Shopping Centers
Drugstore Anchored Shopping Centers
Neighborhood & Community Shopping Centers
Single Properties or Portfolio Transactions
Select Street Retail
Senior Vice President
A UBP DownREIT is a tax deferred transaction that enables an owner with appreciated property to transfer an asset without triggering a capital gain. The DownREIT structure provides flexibility for an individual partner/owner to liquidate an interest in a property at the time(s) of his/her choosing, while permitting other partners/owners to retain a cash flowing interest in the property and/or liquidate at other times. A UBP DownREIT provides liquidity, flexibility and diversification. A UBP DownREIT is a wonderful estate planning mechanism and a very useful tool for addressing:
Partnership Disputes Paralyzing a Property and Preventing a Sale: a “win-win” solution for partners and family members.
Succession Planning & Tax Savings: a practical way to divide real estate amongst family members without triggering a capital gains tax.
TANGLEWOOD SHOPPING CENTER
Yonkers, New York
High ridge shopping center
Stamford, Connecticut *DOWNREIT*
Waldwick, New Jersey
Dumont, NJ *DOWNREIT*
Newly constructed 39,000 SF shopping center on Pershing Drive in Derby, CT. Anchor tenants are ALDI, Panera Bread and Popeye’s.
Van Houten farms
Passaic, New Jersey
970 High Ridge Road