Baceline Investments Acquires Neighborhood Shopping Centers in Three Markets

Denver-based firm that shifted focus to support tenants through pandemic has returned to acquisition mode

Baceline Investments, LLC, a boutique private equity real estate investment and management company with neighborhood shopping center holdings throughout the United States, has announced the acquisition of three retail properties near Cleveland, Chicago and Minneapolis. It marks a return to buying for the Denver-based firm after concentrating efforts the last six months on supporting its tenants to help them navigate the retail industry during the COVID-19 pandemic.

The acquisitions include Trask Towers (16,195-square-feet retail center in Mentor, Ohio), Baceline’s first property in the Cleveland metro area; Foxmoor Crossing (22,408-SF, Fox River Grove, Ill.), a high-volume, heavily trafficked retail center one hour northwest of Chicago; and Hanson Commons I (12,708-SF, Andover, Minn.), a location with a diverse tenants that has proven resilient during the pandemic.

The acquisitions bring Baceline’s Core Income fund portfolio to 73 shopping centers located in 27 markets in the mid-section of the United States. It’s Baceline’s largest and most diverse portfolio, spanning 15 states. It includes nearly 2.5 million-square-feet of retail space with 860 local and national tenants.

“When the pandemic took hold in March, we immediately shifted our focus into support mode, doing what we could to create tools and resources for the small businesses who occupy our neighborhood shopping centers,” said Dusty Batsell, executive vice president of Real Estate. “While our commitment to ensure their success continues, we are once again targeting and evaluating properties for the portfolio, identifying those in thriving communities.”

Baceline’s investment strategy focuses on neighborhood shopping centers in markets throughout the U.S. that have value-rich properties at opportunistic prices, less competition, and more supply of quality real estate when compared to gateway cities.

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. By avoiding high-priced and competitive commercial real estate markets on the coasts, Baceline’s focus provides untapped investment opportunity. This unique approach allows investors to better diversify their investment portfolio. Learn more at www.bacelineinvestments.com or LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201016005612/en/

Contacts

Jim Miller, Bluebird Branding
(303) 906-4866

Katie Lyon, Baceline Investments
(303) 877-2859

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Why People Go to Shopping Centers

People love to visit shopping centers. There are many popular shopping centers around the world that are worth going to. Sometimes, the less luxurious a shopping center is the more fun and exciting it is to check out, because it is surely busier than one that only caters to affluent people. Some of the things that people look for in a good shopping mall or center are accessibility, affordability and a wider range of products and brands to choose from. Moreover, as time goes by, a safe and a wholesome place for many, also becomes one of the main reasons why many people love to go there.

Another reason why it is so enjoyable to go to a shopping center is because it is a melting pot of people who are all looking to relax and space out from their busy schedules at work. Many people prefer going to shopping malls instead of going for a walk in a park or going to the gym. Moreover, a shopping center is typically located in a busy spot in a city or in a town. In some locations, there are all sorts of places and things to see that are built around shopping centers.

A special day of sale is one of the things that attract people to flock to a shopping center. Typically, there is one on the 15th or 30th day of the month, when there is a change of seasons, as well as during holidays and anniversaries.

This is when people can take advantage of great shopping deals and freebies from different brands. Some even intentionally only shop during these times to take advantage of the discounted prices.

Another thing that makes a shopping malls and centers appealing is its ability to house special concerts and events where different kinds of artists can perform live and for free. Also, a great ambience helps to keep people converge in a clean, well-lit and well-ventilated area. Sometimes, people even go to a shopping mall just to escape the heat or cold and make the most of the free air conditioning or heating.

There are also other things to do in a shopping mall or center aside from bargain hunting. One may eat in one of the restaurants that dot the place and enjoy a quick but sumptuous meal.

For many people, a shopping center is one that is housed in a grand building and is equipped with facilities that help entertain people. Still, for some, it may just be a group of tents or small rented areas assembled together where the best deals can be found. Also, keep in mind that the more Spartan a shopping mall or shopping center looks, the more bargains you will find. So take your pick and head to the nearest one to relax and feast your eyes on different people and things all coming together in one busy place.

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Why People Go To Shopping Centers (2)

Shops are crucial places, the place people go to buy their crucial things. Besides larger malls such as Berjaya Times Square, Pavilion Kuala Lumpur Suria KLCC and those at the Bukit Bintang and Imbi area, many shopping complexes and departmental shops also supply economical buys corresponding to Pertama Complex, Sogo Departmental Store, Kota Raya and Campbell Complex.

Typically the thriller shopper will have the ability to full a personalized survey and write an in depth written evaluation relating to the general shopping expertise, enabling the boss to higher be informed of the best way the widespread client is being serviced.

If you’ve read my 7D6N Osaka – Kyoto – Nara – Kobe Trip Itinerary + Overview publish, you would know that we now have spent a complete of 35,362 Yen, or RM 1,425.80 (one hundred Yen = RM 4.03) on shopping in Japan, primarily on beauty merchandise, snacks and confectioneries.

Among the various benefits that the Internet provides us, one of the principal ones is online shopping, an activity that many have turn into addicted to. Shopping is a necessity for all of us, a few of us actually enjoy it, and others try to preserve it as simple and brief as possible.

There are various budget inns near Pratunam so you will not even need to walk to far to get there and Pratunam is an ideal location for shopping in Bangkok as a result of it’s close to Siam and Chidlom, an area full of high end shopping malls.…

Why People Go To Shopping Centers

Amazon is likely one of the top on-line retailers, however there are plenty of different websites prefer it. Maybe you could not discover what you wished on Amazon or simply had a bad shopping expertise. If yes what’s your favorite?I imply shopping for clothes, sneakers, electronics, designer manufacturers and so forth. Many individuals desire going to shopping malls as a substitute of going for a stroll in a park or going to the gymnasium. My other half is far more serious about it than I am, he likes going shopping for clothes / make up and so on for me. If you might be pondering this is all what on-line shopping has caused, then you definitely actually have ignored the opposite a part of the story. It takes 5 to 10 minutes from Michigan Avenue hotels to succeed in Lincoln Park shopping space. My sister does a substantial amount of her children shopping at consignment stores and she or he saves a ton of cash, the clothes are all the time in great condition and is ideal for the three boys that grow like weeds!

In addition to the same old causes for shopping at a thrift, many appeared for items that weren’t obtainable again dwelling. Moreover, shopping on-line deprives us of the opportunity to test the merchandise as a way to see if their high quality meets our requirements. It has made our life somewhat simple and Flipcart, Amazon online shopping corporations is proving a giant hazard to various Retail retailers , this is a latest information. I just obtained at the moment an e-mail from a James Martin, People Market Edge (Market Force) to start this mystery shopping with. Very good lens of free thriller shopping firms, I work with job seekers on daily basis and the main points in this lens will probably be useful to my followers. Discussion, talking, and open minds are part of shopping for erotic lingerie together.

Still considered as a reasonably current phenomenon, on-line shopping has no doubt made the lifetime of numerous customers easier and extra convenient. Expansion of enterprise in the latest years saw main businesses setting up of massive shopping malls. Use your thriller shopping abilities critiquing industries together with the Apartment, Automotive, Banking / Financial, Government, Health Care, Insurance, Retail and Restaurant industries. Shopping for exotic lingerie from the privateness of your own dwelling or condo can be a thrill all by itself-and the anticipation of the upcoming supply of erotic lingerie can get your libido higher than you might imagine. This doesn’t contain random tenant placement to frustrate the shopping experience.

Typically the mystery shopper will be able to full a custom-made survey and write an in depth written overview regarding the general shopping expertise, enabling the boss to better learn of the best way the common client is being serviced.

In particular visit Tokyo Ramen Street within the underground shopping center, because it has eight fantastic ramen eating places. Thank you once more for stopping by …