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selected properties
Colonial Square
Colonial Square
  • Grocery anchored shopping center
  • 175,000 rentable square feet
  • Colonial Heights, Virginia

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Value created

Significant improvements enhanced the property and increased customer traffic, evidenced by double-digit anchor sales increases.

Increased occupancy to 100% within the first six months of ownership.

Converted and leased 11,000 square feet of unfinished warehouse space, which substantially increased the net operating income.

Aquia Town Center
Aquia Towne Center
  • Grocery anchored shopping center
  • 240,000 rentable square feet
  • Stafford County, Virginia

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Value created

Occupancy was increased from 67% to 90% in six months

Net operating income was increased by 30% within the first year of ownership.

The credit tenant ratio was increased.

Willow Oaks
Willow oaks
  • Grocery anchored shopping center
  • 240,000 rentable square feet
  • Hampton, Virginia

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Value created

Acquired the center significantly below appraised value.

Re-engineered the existing parking ratio to accommodate two additional pad sites including McDonald’s.

Pinewood Plaza
Pinewood plaza
  • Class A office Building
  • 72,000 rentable square feet
  • Hampton, Virginia

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Value created

Below market acquisition of a Class A property.

Acquired the property at 70% occupancy; within a year of our ownership, achieved 95% occupancy.

Re-engineered operating procedures resulting in significant savings.

Windwood Centre
windwood centre
  • Class A office Building
  • 79,000 rentable square feet
  • Virginia Beach, Virginia

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Value created

Below market acquisition of a Class A property.

Acquired the property at 70% occupancy; achieved a 95% occupancy through early renewal of existing tenants and the increase of rents to market level.

Re-engineered operating procedures resulting in significant savings.

Ross Building
the ross building
  • Office tower and parking deck
  • 275,000 rentable square feet
  • Richmond, Virginia

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Value created

Acquired a non-performing loan and took possession of the asset shortly thereafter.

Acquired a 350 car multi-level parking facility with an adjoining parcel for future development.

The Bookbindery
The Bookbindery
  • Office building – Class A historic renovation
  • 60,000 rentable square feet
  • Richmond, Virginia

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Value created

Acquired the property significantly below the appraised value.

Refurbished the property to enhance the marketability of rentable office space.

Increased occupancy to 100% within the first year of ownership.

Substantially increased the ratio of credit tenants.

Centralia Crossing
Centralia Crossing
  • Grocery anchored shopping center
  • 50,000 rentable square feet plus undeveloped pad sites and land offering an additional 50,000 square feet of development opportunity.
  • Chesterfield County, Virginia

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Value created

Acquired the property significantly below appraised value.

Implemented an extensive refurbishment program, which has significantly enhanced the marketability of the center.

Reduced operating expenses.

BERMAN KAPPLER PROPERTIES, LLC • 8000 TOWERS CRESENT DRIVE • SUITE 1300 • VIENNA, VIRGINIA 22182
TEL: 703-556-3242 • Copyright 2014 Berman Kappler Properties, LLC All Rights Reserved