Articles from ALTO Real Estate Funds

ALTO Real Estate Funds is pleased to announce the successful execution of a full-building lease with a major 3rd party logistics company at ALTO Pinto 45, a 586,919 SF Class A industrial facility in South Dallas.

ALTO Real Estate Funds announced today that Arbor Square, a leading retail center in Douglasville, Georgia, has reached 100% occupancy following the successful execution of a strategic value-add business plan anchored by the addition of Lidl. The center’s tenant roster also includes national retailers such as HomeGoods, Burlington and Skechers.

ALTO Real Estate Funds is pleased to announce the groundbreaking event for ALTO Carter Park 35, a $40+ million, 20-acre Class A industrial development strategically located along I-35W in South Fort Worth.

ALTO Real Estate Funds announced the opening of Victoria’s Secret's flagship store.

ALTO Real Estate Funds announced the acquisition of a 24-acre industrial site in Northeast Austin’s Pflugerville submarket. The site is strategically located at the intersection of Cameron Road and SH-130—America’s fastest highway and Austin’s most critical logistics artery.

ALTO Real Estate Funds, a leading real estate investment Fund specializing in open-air shopping centers and modern logistics centers across high-growth Sun Belt regions, is pleased to announce the appointment of Michael E. Rader, as Vice Chairman of the Investment Committee.

ALTO Real Estate Funds, a leading real estate investment Fund specializing in open-air shopping centers and modern logistics centers across high-growth Sun Belt regions, is pleased to announce the appointment of Stephen J. Hefner as Senior Vice President, Head of Acquisitions at ALTO Real Estate Funds.

ALTO Real Estate Funds, together with M & J Wilkow, announces the recent sale of Cranberry Square, a 195,165 square foot retail center located in Cranberry Township, PA in Pittsburgh MSA. The property sold for $33.2 million and was purchased in 2018 for $23.5 million at a cap rate of 9%.

Conyers Plaza is a 171,374 SF, 96% occupied shopping center located in Conyers, GA, 25 miles east from downtown Atlanta. The acquisition was financed by Wells Fargo with a five-year loan, at a fixed rate of 3.86%. The high occupancy and attractive financing are expected to result in an average cash-on-cash return of 12%-15% over the holding period.

Arbor Square is a 122,763 SF, 97% occupied shopping center located in Douglasville, GA, 20 miles west of downtown Atlanta. The center was acquired by ALTO for approx. $18.4 million. The acquisition was financed by KeyBank with a ten-year loan with fixed rate of 3.6%. The high occupancy and attractive financing are expected to result in an average cash-on-cash return of 12% over the holding period.

ALTO Real Estate Funds has purchased a 7,142 SF high-street retail property located in one of the country’s premier retail high streets in Miami Beach, FL for $18.9 million.