| Capital Markets | Property / Portfolio Criteria |
Sale / Leaseback Criteria |
Acquisitions Team |
Wells Real Estate Funds invests primarily in core real estate. We will also consider value-added opportunities that have the potential to be transitioned to core investments.
| Wells Individual Property/Portfolio Acquisition Criteria | |
| Property Types: | Office and Industrial |
| Location: | Primary and secondary U.S. cities |
| Term: | 5+ years |
| Tenancy: | Core
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| Credit: |
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| Lease Structure: | Net with structured increases preferred |
| Occupancy: | 92% plus |
| Transaction Types: | Will consider the assumption of debt, sale/leasebacks, build-to-suits, joint ventures, portfolio, or entity purchases. |
| Transaction Size: | Minimum $20 million |
| Returns: | Market Cap Rates |
Our investment criteria serves as a guideline during the acquisition process; however, occasionally opportunities will present themselves and we will make a methodical choice to broaden the scope of our guidelines when significant opportunities appear.