In search of strip centers with potential.
Black Gate specializes in acquiring well-located neighborhood shopping centers across the United States.
Whether you’re a broker representing a client or a property owner looking to sell, we welcome the opportunity to evaluate your property.
What we look for
We target underperforming or underutilized retail centers with strong repositioning potential. Our focus is on growing communities with a solid demographic base and consistent consumer traffic. Properties that fit our model include those with:
Value-Add and Core-Plus unanchored strip centers
No tenants over 20,000 SF
Secondary and tertiary US Markets
Good access / visibility / traffic
GLA: 15,000–75,000
Price: $2MM–$15MM
Population: at least 100,000 in 10 miles
MHI: at least $50k in 1 mile
What we offer
Black Gate can make the right deal happen quickly and smoothly. All based on decades of industry experience.
Responsive and experienced acquisition team
Certainty of close with institutional capital
Quick evaluation and feedback on submissions
Collaborative approach with brokers and sellers
“Black Gate Partners was a pleasure to work with on their acquisition of a Columbus-area shopping center I brokered. They conducted thorough diligence prior to submitting an LOI and remained timely and responsive throughout the DD process. With debt and equity in place early, the transaction was smooth and seamless from start to finish.”